End of Tether in Europe? Uncertainty Looms as MiCA Regulations Take Effect.
Tether’s flagship stablecoin, USDT, faces renewed scrutiny in the European Union as the bloc’s landmark Markets in Crypto-Assets (MiCA) regulation prepares to enter its full implementation phase on December 30, 2024.
$USDC .Binance continue to trade the stablecoin as they await clarity from regulators. Amid rising speculation on social media about Tether’s future in Europe, questions remain regarding USDT’s compliance with the EU’s stricter rules and its potential impact on crypto space.
