Tether disappointed with ‘rushed actions’ on MiCA-driven USDT delisting in Europe
MiCA-triggered crypto changes in Europe could create a “disorderly” market, according to USDT stablecoin operator Tether.
Stablecoin operator Tether addressed European cryptocurrency regulations amid exchanges like Crypto.com preparing to delist its USDt stablecoin in Europe tomorrow.
Tether expressed disappointment over market developments in Europe amid changes triggered by the enforcement of the European Union’s Markets in Crypto-Assets (MiCA) framework.
Crypto.com, a global crypto exchange, confirmed on Jan. 29 it will start delisting Tether’s USDt (USDT) stablecoin and nine other tokens on Jan. 31 to comply with MiCA regulations.
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Author: Helen Partz
