#XmasCryptoMiracles
đ€Europe abandons Tether on New Year's Eve: what does this mean for the local market and investors
USDT seems to be outlawed in Europe by the end of the year. Because of this, European investors may miss out on the cryptocurrency boom that is expected under Donald Trump's presidency.
The new Markets in Cryptoassets Act (MiCA), which will come into effect at the end of the year, will change the digital token market, potentially weakening the attractiveness of these assets for investors.
The MiCA requires that stablecoins listed on centralized exchanges be issued by organizations with an electronic money license.