Tether USDT’s market cap drop linked to ‘seasonal holiday lull’
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport. Go to Source
Markets in Crypto Assets Regulation
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EU silence does not make USDT MiCA-compliant, says exec
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline. Go to Source
Tether backs European stablecoin firm StablR amid USDT uncertainty
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR. Go to Source
Tether discontinues support for euro-pegged stablecoin EUR₮
Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin. Go to Source
Former Binance execs launch MiCA-compliant euro stablecoin
Expected to launch in the coming weeks, Schuman’s new euro-backed stablecoin labels 107 countries as “high-risk.” Go to Source
UK crypto rules unclear for firms avoiding Europe’s MiCA regulation
While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations. Go to Source
EU markets watchdog recommends amending MiCA regulations
The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives. Go to Source
Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now
Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework. Go to Source
Belgium says BTC, ETH and other decentralized coins are not securities
Belgium’s take on what conditions must be met in order for a crypto asset to be classed as a security are in contrast to the views of U.S. Securities Exchange Commission Chairman Gary Gensler. Go to Source Powered by WPeMatico