Tether's CEO Concerned About Some #MiCA Requirements for #Stablecoins
🤷 Tether's CEO, Paolo Ardoino, has expressed concerns regarding the regulatory rules proposed by MiCA in the EU.
👀 In his view, some of these requirements raise doubts and could significantly complicate the operations of issuers.
He also added that such requirements could make EU-licensed stablecoins extremely vulnerable and more operationally risky.🧐
✔️ On Monday, Binance announced that starting from June 30, it will restrict access to unauthorized stablecoins for users in the #European Economic Area.
