🪙USDT TRADING CONTINUES IN EU🪙
Tether USDT trading continues across Europe despite Coinbase delisting
Binance, Crypto.com, Kraken, and other crypto exchanges continue to list Tether USDT on their EU platforms weeks ahead of the final MiCA deadline on December 30.
Crypto exchanges in Europe continue to support Tether's USDT stablecoin, even after Coinbase announced its delisting for European customers to comply with upcoming regulatory requirements.
Major exchanges including Binance, Crypto.com, and Kraken have maintained support for Tether USDT
USDT
€0.957
following Coinbase's delisting of the stablecoin on December 13.
Other platforms such as KuCoin, Mexc and Bitget are also offering stablecoins to European users despite the impending full implementation of the Markets in Crypto-Assets Regulation (MiCA) on Dec. 30.
US-based exchange Coinbase said it has suspended trading of USDT to comply with MiCA.
Have any other exchanges delisted USDT in the EU?
Although Coinbase considers USDT to be a MiCA-restricted stablecoin since at least October, European authorities have not clearly ruled on whether it should be considered in breach of local law.
Other exchanges operating in Europe have not spoken out on the issue of USDT delisting, and only a few appear to have done so.
OKX told Cointelegraph that it delisted USDT in March 2024, citing a shift in focus towards euro-based trading pairs.#BinanceSquare