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@mamoziking
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đ¨ BIG NEWS for Stablecoins in Europe! đ¨
đŞđş Tether $USDT is NOT becoming âillegalâ in the EU on Dec. 30, 2024!
Hereâs the breakdown:
â˘Under MiCA rules, providers like Tether must comply, but they have a 6-18 month transition period.
â˘Some exchanges (e.g., Coinbase) are delisting $USDT early, while others are waiting for clarity.
If Tether doesnât comply within the transition period, $USDT would be non-compliantânot illegal. However, EU exchanges and services might proactively delist it to avoid regulatory penalties.
đĄ This creates an opportunity for alternatives like Rippleâs $RLUSD, a MiCA-compliant stablecoin, to gain market share as a reliable option for EU users.
Will Tether manage to comply, or will compliant alternatives take over? Are you worried about $USDT delistings across Europe? đ¤
Comment your thoughts & follow for updates! đâ¨
#Crypto #Tether #Ripple $XRP #Stablecoins #CryptoRegulation2025
đŞđş Tether $USDT is NOT becoming âillegalâ in the EU on Dec. 30, 2024!
Hereâs the breakdown:
â˘Under MiCA rules, providers like Tether must comply, but they have a 6-18 month transition period.
â˘Some exchanges (e.g., Coinbase) are delisting $USDT early, while others are waiting for clarity.
If Tether doesnât comply within the transition period, $USDT would be non-compliantânot illegal. However, EU exchanges and services might proactively delist it to avoid regulatory penalties.
đĄ This creates an opportunity for alternatives like Rippleâs $RLUSD, a MiCA-compliant stablecoin, to gain market share as a reliable option for EU users.
Will Tether manage to comply, or will compliant alternatives take over? Are you worried about $USDT delistings across Europe? đ¤
Comment your thoughts & follow for updates! đâ¨
#Crypto #Tether #Ripple $XRP #Stablecoins #CryptoRegulation2025
Bitcoin holds steady near $95,000, eyes $200,000 target by mid-2025
On Friday, the price of bitcoin floated near $95,000, after reaching more than $108,000 earlier this month. Since the Christmas holiday, the worldâs largest cryptocurrency has held steady near $95,000, as investors expect the worldâs top cryptocurrency to eventually rally in 2025.
With U.S. president-elect Donald Trumpâs second term set to begin in 2025, the digital asset industry is largely optimistic about bitcoinâs upcoming growth trajectory â particularly amid Trump's pledge to make the U.S
With U.S. president-elect Donald Trumpâs second term set to begin in 2025, the digital asset industry is largely optimistic about bitcoinâs upcoming growth trajectory â particularly amid Trump's pledge to make the U.S