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#Usdt #europebannedusdt Tether's USDT stablecoin is facing delisting from several cryptocurrency platforms in Europe due to the European Union's Markets in Crypto-Assets (MiCA) regulations. These regulations, which began to take effect on June 30, 2024, require stablecoin issuers to obtain electronic money authorization in at least one EU member state. Full enforcement for crypto asset service providers is scheduled for December 30, 2024. Coinbase has announced plans to delist USDT and other non-compliant stablecoins from its European platforms starting December 13, 2024. This decision aligns with MiCA's requirements, as Tether has not yet secured the necessary authorization to offer USDT within Europe. Coinbase will continue to support compliant stablecoins like USD Coin (USDC) and EURC. Other exchanges, including Bitstamp and OKX, have already limited access to Tether's stablecoins in anticipation of MiCA's full implementation. These actions are expected to impact the liquidity of USDT in the European market, potentially affecting its price and usage. However, they also create opportunities for compliant stablecoins to expand their market share in the region. Tether's CEO, Paolo Ardoino, has criticized the "rushed actions" of some exchanges and expressed confidence in Tether's ability to navigate the changing regulatory landscape. Tether is reportedly finalizing its long-term plans for the European market to ensure compliance with MiCA and continue its operations in the region. In summary, USDT is facing delisting from several crypto platforms in Europe due to non-compliance with upcoming EU regulations. Tether is working to address these regulatory challenges to maintain its presence in the European market. Sources : Cointelegraph, oin Edition ,bitcoinik , tekedia.

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#BTCNextMove #BTC $BTC #Write2Earn Over the past six years, Bitcoin's price on Christmas Day has experienced significant fluctuations, reflecting the cryptocurrency's volatility and the broader market dynamics. Here's a year-by-year breakdown: 2018: Bitcoin faced a steep decline during December 2018, dropping to a yearly low of $3,200. The market correction followed the end of the previous bull cycle, with weak investor sentiment and broader market sell-offs defining this period. 2019: By December 2019, Bitcoin attempted to rebound, trading near $7,200. However, the price remained far below its 2017 peak, signaling that the market had yet to regain significant momentum. 2020: In December 2020, Bitcoin surged to around $29,000 during the holiday season. Growing institutional adoption and rising interest in cryptocurrencies supported the rally, reflecting increased confidence in digital assets. 2021: December 2021 saw Bitcoin drop to $50,000 after hitting an all-time high of $68,789 the previous month. Analysts attributed the decline to the Federal Reserve’s tightening monetary policy and profit-taking, leading to a shift in investor sentiment. 2022: December 2022 presented another challenging period for Bitcoin. Following the collapse of FTX, one of the largest cryptocurrency exchanges, Bitcoin dropped to $15,477 in November. By Christmas, it stabilized at $16,537, recording a 64% drop compared to 2021. 2023: In December 2023, Bitcoin regained momentum, starting the year at $16,537 and climbing to a high of $44,697. During the holiday season, it traded steadily between $42,000 and $44,000, with slower interest rate hikes by the Federal Reserve contributing to this recovery. These fluctuations highlight Bitcoin's sensitivity to macroeconomic factors, regulatory developments, and market sentiment during the holiday season. will Bitcoin Reach A new ATH again in 2025?

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Crypto Contains High Risks always of Losing your Assets , So Before You go into this field You must "Do Your Own Researches" And be prepared! For me,i think about two or three Cryptocurrencies that think and wish they would expand and Skyrocket in The near Future: $NOT , $BNB , $XRP Also, I am getting attached to new Cryptocurrencies of The AI and Gaming! I think Those can playa significant role in the near future and change a lot of things! #TON #XRP #BNB

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