$XRP 🪙 According to a special report by Bloomberg News Agency; All active exchanges in the European Union must delist Tether (USDT$) by December 30, 2024 (January 10 of this year). The stablecoin offering is in conflict with the new MiCA rules.

📈 The delisting of USDT$ is expected to lead to a significant drop in liquidity.

🪙 However, the Tether Foundation, the issuer of USDT$, plans to circumvent the restrictions by investing in StableE stablecoins, which are fully compliant with EU regulations.

🇺🇸 The major decline in the cryptocurrency market also began with Jerome Powell’s announcement that the Federal Reserve is unable to support cryptocurrencies and the announcement of legal restrictions that prevent the Fed from including Bitcoin on its balance sheet, which increased the growing downward pressure. He added cryptocurrencies to the market.