The EU's MiCA legislation has officially come into effect, bringing a regulatory storm to the crypto world! 🌪️ Tether's USDT has not yet received compliance certification, causing concern about its future in the EU market. MiCA imposes strict requirements on stablecoin issuers, and major stablecoins like Tether face challenges regarding reserve funds and liquidity, possibly being forced to exit the EU market. However, Tether's global influence and massive market capital make it unlikely to face immediate financial impacts. Meanwhile, exchanges like Coinbase Europe have begun to delist USDT, potentially leading to market consolidation and higher operating costs. Bitcoin may find new opportunities in this transformation! 🚀