Tether responds to EU supervision, the exchange intends to delist USDT

Reprinted from panewslab
01/31/2025·3MPanews January 30 news, according to Cointelegraph, Tether expressed concern about USDT delisted by the European Union MICA regulations. Crypto.com confirmed that it will start from USDT and nine tokens from the European platform on January 31. Previously, Coinbase had removed USDT on the grounds of compliance in December 2024. Tether criticized this move and lacks a clear basis, and warned that suddenly delisting may increase market instability and affect European encryption users. MICA requires unqualified stablecoin to be fully limited at the end of the first quarter of 2025, but the exchange can provide limited sale options before March 31. In addition, Tether announced that he would move his headquarters to Salvador to support the country's Bitcoin policy and decentralized financial development.