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Crypto.com to delist Tether USDT, 9 other tokens in Europe on Jan. 31

Crypto.com to delist Tether USDT, 9 other tokens in Europe on Jan. 31

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Source: Coin Telegraph

Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until March 31 to convert assets.

Cryptocurrency exchange Crypto.com is among the first platforms to announce the delisting of Tether’s USDt and nine other tokens in Europe following the implementation of the Markets in Crypto-Assets Regulation (MiCA) framework.

Crypto.com will suspend purchases of Tether USDt (USDT) along with nine other tokens in line with Europe’s MiCA regulations on Jan. 31, a spokesperson for the exchange confirmed to Cointelegraph on Jan. 29.

After disabling deposits, the exchange will continue to support withdrawals for the affected tokens until the end of the first quarter of 2025, with full delisting scheduled for March 31.

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Author: Helen Partz