Guys, there is bad news, what do you think about selling?
👇😂👇👇👇
🪙 According to a special report by Bloomberg News Agency; All active exchanges in the European Union must remove Tether (USDT$) from the list by December 30, 2024 (January 10 of this year). The stablecoin offering conflicts with the new MiCA rules.
📈 The cancellation of USDT$ is expected to lead to a significant decrease 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 Federal Reserve from including Bitcoin on its balance sheet, which increased the growing downward pressure. He added cryptocurrencies to the market.
