Trading platforms continue to squeeze Tether out of the European market. This time, the#Bitstampcrypto exchange announced the delisting of the#EURTstablecoin in the EU on June 30th. That is, in 4 days.#DLNewsreports. #EURTis a stablecoin pegged to the euro, the issuer of which is #Tether.

The reason is still the same - the introduction of new crypto regulations (MiCA) and the desire of trading platforms to comply with them.  Under the MiCA system, stablecoin issuers in the EU must be licensed as electronic money institutions (EMIs) or credit institutions.

Earlier in March, the#OKXcrypto exchange already announced the delisting of trading pairs with USDT in EU countries. For the same reasons. And in May, the Kraken crypto exchange announced that it was considering the possibility of delisting USDT in the EU. Binance, a top exchange, also recently announced similar MiCA compliance measures. The New York crypto exchange#Upholdwill stop supporting six stablecoins in Europe from July 1 - #USDT, #DAI, #FRAX, #GUSD,#USDPand #TUSD.