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Bitstamp drops Tether’s euro stablecoin amid new MiCA rules

Bitstamp drops Tether’s euro stablecoin amid new MiCA rules

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Source: Coin Telegraph

Bitstamp was one of the first crypto exchanges to list Tether’s euro-pegged stablecoin, EURT, in November 2021.

Cryptocurrency exchange Bitstamp is preparing for the full enforcement of Europe’s Markets in Crypto-Assets Regulation (MiCA) by delisting Tether’s euro-pegged stablecoin, EURT.

Bitstamp was one of the first exchanges to list EURT in November 2021 but will now delist EURT before the end of June, according to an official announcement on June 26.

The company said the delisting aligns with its efforts to comply with MiCA, which will come into force on June 30.

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Author: Helen Partz