Tether responds to EU regulation, exchanges plan to delist USDT

PANews reported on January 30 that according to Cointelegraph, Tether expressed concerns about the delisting of USDT from exchanges caused by the EU MiCA regulations. Crypto.com confirmed that it will start delisting USDT and nine other tokens from European platforms on January 31, after Coinbase removed USDT in December 2024 on the grounds of compliance. Tether criticized the move as hasty and lacking clear basis, and warned that sudden delisting could increase market instability and affect European crypto users. MiCA requires that non-compliant stablecoins be fully restricted by the end of the first quarter of 2025, but exchanges can provide limited sales options before March 31. In addition, Tether announced that it would move its headquarters to El Salvador to support the country's Bitcoin policy and decentralized financial development.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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