Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
vasyaa sharma
--
Bullish
Follow
$JUP
FOLLOW FOR MORE ! ❤️
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
1.2k
0
Replies
1
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
vasyaa sharma
@Vasyaa
Follow
Explore More From Creator
BUY BNB RIGHT NOWW!!! IT WILL FLY IN NEXT HOURS 📈📈 $BNB
--
The delisting of Tether (USDT) in the EU, effective December 30, 2024, highlights the challenges posed by the new Markets in Crypto Assets (MiCA) regulation. MiCA’s stringent requirements—such as obtaining authorization as a credit or electronic money institution and submitting a compliant crypto-asset whitepaper—aim to foster transparency and consumer protection in the crypto space. However, Tether’s decision not to comply has significant implications. Why Didn’t Tether Comply? 1. Operational Model: Tether has historically operated with limited transparency, which has drawn criticism over its reserves. Meeting MiCA's requirements would necessitate significant structural and operational changes. 2. Strategic Focus: Tether may prioritize regions with less regulatory scrutiny, focusing on markets like Latin America and Asia, where it is widely used for remittances and payments. 3. Cost vs. Benefit: The cost of compliance might outweigh the perceived benefits, especially as USDT’s dominance in non-EU markets remains strong. Implications for the EU 1. Liquidity and Volatility: The absence of USDT could reduce liquidity in EU markets, potentially increasing volatility for crypto traders and investors. 2. Shift to Alternatives: With Circle's USDC already MiCA-compliant, it may gain market share in the EU. This could also encourage the development and adoption of Euro-pegged stablecoins, supporting the region's financial independence and innovation. 3. Institutional Confidence: MiCA creates a clear framework for institutional investors, positioning the EU as a leader in regulated crypto markets. While the loss of USDT is disruptive, the long-term benefits of regulatory clarity could outweigh the immediate challenges. Conclusion While USDT’s delisting under MiCA may have unintended consequences, it underscores the importance of regulatory compliance in a rapidly evolving market. Tether’s absence could pave the way for a more diversified and compliant stablecoin ecosystem in the EU, fostering long-term growth and stability. #BinanceAlphaAlert
--
Wanna participate in Bio Airdrop ? Drop your Ethereum (ERC-20) address and get 200 Bio #BinanceLaunchpoolBIO #giveaway $BIO
--
$XRP 📈
--
FOLLOW ME AND COMMENT "GOODLUCK" TO GET $400 💸
--
Latest News
Raydium Surpasses Ethereum And Uniswap In Weekly Fee Revenue
--
U.S. Dollar Poised for Best Weekly Gain Amid Fed Policy Expectations
--
Solv Co-Founder Denies Asset Security Allegations, Calls Them Misleading
--
CTXC Experiences Significant Surge in Value
--
Fear And Greed Index Remains In Greed Zone
--
View More
Trending Articles
🚨 XRP Holders—Act Now Before the Market Storm Hits! 🚨
Alchemy_of_Crypto
The Next Global Financial Crisis Is Closer Than You Think
Cryptopolitan
URGENT WARNING ALERT ⚠️ $BIO HOLDERS MUST KNOW THIS! 📣 A
Grand analyst
Pepe Reaching $1: Can You Really Become a Millionaire?
C Queen
$SUI SUIUSDT Sell Alert! Order Placed: 2054.7 SUI Sel
Williamson123
View More
Sitemap
Cookie Preferences
Platform T&Cs
