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Tether CEO: "Concerned" about EU MiCA stablecoin requirements 0x News reported that according to The Block, after Binance announced that it would begin to restrict access to "unauthorized" stablecoins in Europe before the end of the month, Tether CEO Paolo Ardoino expressed concern about Concerns have been expressed over the EU’s Markets in Crypto-Assets Regulation (MiCA) and its impact on stablecoins. “Tether has been actively involved in consultations on regulatory technical standards over the past few months, but remains concerned that MiCA contains some problematic requirements,” Ardoino told The Block. “Not only are these requirements likely to greatly complicate the work of stablecoin issuers, they are also likely to make EU-licensed stablecoins extremely fragile and riskier. As with any regulatory framework of this scale, further discussion on technical implementation standards will be needed It is critical to provide the market with clarity on certain terms," ​​he added. https://www.theblock.co/post/298434/tether-concerned-eu-mica-stablecoin-requirements

Tether CEO: "Concerned" about EU MiCA stablecoin requirements 0x News reported that according to The Block, after Binance announced that it would begin to restrict access to "unauthorized" stablecoins in Europe before the end of the month, Tether CEO Paolo Ardoino expressed concern about Concerns have been expressed over the EU’s Markets in Crypto-Assets Regulation (MiCA) and its impact on stablecoins. “Tether has been actively involved in consultations on regulatory technical standards over the past few months, but remains concerned that MiCA contains some problematic requirements,” Ardoino told The Block. “Not only are these requirements likely to greatly complicate the work of stablecoin issuers, they are also likely to make EU-licensed stablecoins extremely fragile and riskier. As with any regulatory framework of this scale, further discussion on technical implementation standards will be needed It is critical to provide the market with clarity on certain terms," ​​he added. https://www.theblock.co/post/298434/tether-concerned-eu-mica-stablecoin-requirements

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