| Time | Details |
|---|---|
| 2024-07-01 15:13 |
USDC Now a Regulated Stablecoin in the EEA, Available on Binance
According to Richard Teng, USDC has been recognized as a regulated stablecoin in the European Economic Area (EEA). This development ensures that USDC will continue to be available on Binance for EEA users. The compliance of USDC with the Markets in Crypto-Assets (MiCA) regulation as an e-money token (EMT) is seen as a significant advancement for the crypto ecosystem in the EEA. (Source) |
| 2024-08-12 12:48 |
Tether's Strategic Investments and Regulatory Views
According to @paoloardoino, Tether's latest interview with WIRED covers the company's investment strategy, which includes AI and Brain-Computer interfaces. The discussion also touches on Tether's latest financial attestation, profits, and numbers. Additionally, Paolo Ardoino provides insights on the MiCA regulations and emphasizes Tether's focus on building for resilience and independence. (Source) |
| 2024-08-12 12:24 |
Tether's Investment Strategy and Regulatory Views
According to Paolo Ardoino, Tether's investment strategy now includes AI and brain-computer interfaces, alongside their general approach to investment selection. The latest attestation highlights Tether's profits and financial figures. Ardoino also shared his views on MiCA regulations and discussed Tether's efforts towards building resilience and independence. (Source) |
| 2024-12-24 12:43 |
Tether Ends Support for Euro Tether Due to Regulatory and Demand Challenges
According to CCData, Tether has announced that it will cease support for its Euro Tether (EURT) stablecoin. The decision is attributed to the stringent compliance requirements under the Markets in Crypto-Assets (MiCA) regulation and a decrease in market demand. As a result, the market capitalization of EURT fell by 0.47% to $26.9 million in December, marking the 13th consecutive month of decline. (Source) |
| 2024-12-27 23:20 |
Michaël van de Poppe Dismisses Concerns Over USDT Stability
According to Michaël van de Poppe, USDT is not at risk of disappearing despite negative journalism and sentiment. He emphasizes that the upcoming MICA regulations will take time to become active due to transition periods. He also notes that exchanges offer alternative stablecoins like USDC and EUR. He suggests that traders should consider buying the dip. (Source) |
| 2024-12-27 23:20 |
USDT Stability and Market Sentiment Analysis
According to Michaël van de Poppe, the concerns about USDT disappearing are unfounded and largely driven by negative journalism and sentiment. The Markets in Crypto-Assets (MICA) regulation is expected to take time before becoming fully active due to its transition period. Meanwhile, cryptocurrency exchanges offer alternative stablecoins such as USDC and EUR. Traders are encouraged to consider buying during the current market dip. (Source) |
| 2024-12-28 17:22 |
Coinbase Delists Non-MiCA Compliant Stablecoins Including USDT and DAI
According to CCData, Coinbase has delisted six stablecoins that do not comply with MiCA regulations, including USDT, DAI, and PYUSD. Among the MiCA-compliant stablecoins, USDC and EURC are leading in trading volume, with USDC at $3.76 billion and EURC at $255 million. Despite the delisting, USDT continues to dominate the global market with a trading volume of $17.9 billion. (Source) |
| 2024-12-28 17:22 |
Coinbase Delists Non-MiCA Compliant Stablecoins Including USDT, DAI, and PYUSD
According to CCData, Coinbase has removed six stablecoins that do not comply with the Markets in Crypto-Assets (MiCA) regulation, including USDT, DAI, and PYUSD. In contrast, MiCA-compliant stablecoins like USDC and EURC are leading trading volumes on Coinbase, with USDC at $3.76 billion and EURC at $255 million. Despite the delisting, USDT remains the dominant stablecoin globally, with a trading volume of $17.9 billion. (Source) |
| 2024-12-29 13:57 |
Clarification on $USDT Legality in Europe Amid Regulatory Changes
According to QuintenFrancois, there has been significant FUD (Fear, Uncertainty, and Doubt) regarding the status of $USDT in Europe. Contrary to some rumors, $USDT will not become illegal in Europe as of December 30, 2024. The new MiCA (Markets in Crypto-Assets) regulations will require compliance, but there is a transition period of 6 to 18 months for providers to adapt to these rules. Some exchanges have chosen to delist $USDT ahead of these regulations. (Source) |
| 2024-12-29 19:33 |
MiCA's Impact on Stablecoin Issuers and Traditional Banks
According to Paolo Diomede, the Markets in Crypto-Assets (MiCA) regulation is largely beneficial to the traditional banking system. It mandates stablecoin issuers to maintain over 30% of their liquidity in banks, which potentially increases profits for legacy financial institutions. This regulation appears to favor the established financial system over fostering innovation within the crypto space. (Source) |
| 2024-12-29 19:33 |
MiCA Regulation Criticized as Favoring Traditional Banks
According to Paolo Diomede, the Markets in Crypto-Assets (MiCA) regulation is seen as a substantial advantage for traditional banking institutions. The regulation mandates that stablecoin issuers must hold over 30% of their liquidity in banks, which is perceived as a move to ensure increased profits for these legacy financial players. This regulation is criticized for being designed to benefit the existing financial system rather than fostering innovation within the cryptocurrency sector. (Source) |
| 2024-12-30 15:24 |
MiCA Regulations and the Safety of USDt Stablecoin
According to Paolo Ardoino, a detailed thread discusses the MiCA regulations and their implications for stablecoins, particularly USDt. The main takeaway is to not fall for fear, uncertainty, and doubt (FUD) spread by competitors. USDt remains a secure stablecoin despite any misleading claims. (Source) |
| 2024-12-31 13:13 |
Tether Facing Delisting from EU Exchanges Due to MiCA Regulations
According to Ki Young Ju, European Union exchanges are beginning to delist Tether (USDT) in anticipation of the upcoming Markets in Crypto-Assets (MiCA) regulations. This development is seen as a potential weakening of USDT's influence in the market. The actual impact on USDT reserves across exchanges is depicted in an accompanying chart. (Source) |
| 2024-12-31 13:13 |
EU Exchanges Delisting USDT Amid MiCA Concerns
According to Ki Young Ju, European exchanges are beginning to delist Tether (USDT) in anticipation of the upcoming Markets in Crypto-Assets (MiCA) regulations. This development is raising concerns about USDT's diminishing influence in the market. The tweet suggests that there is a noticeable impact on the USDT reserves held by these exchanges, indicating a potential shift in stablecoin preferences among European traders. (Source) |
| 2024-12-31 15:57 |
Clarification on MiCA's Impact on EU Crypto Market
According to MN Consultancy, concerns about the EU's MiCA regulations harming the crypto market are largely based on misinformation. The regulations do not ban non-custodial wallets or decentralized finance (DeFi), but rather focus on regulating custodial services. Additionally, MiCA does not require Know Your Customer (KYC) procedures for every transaction, allowing peer-to-peer transactions to continue unaffected. (Source) |
| 2024-12-31 15:57 |
Clarifying MiCA's Impact on Cryptocurrency in the EU
According to MN Consultancy, there is unnecessary fear regarding the EU's MiCA regulations affecting the cryptocurrency market. MiCA does not ban non-custodial wallets or decentralized finance (DeFi); instead, it focuses on regulating custodial services. Additionally, the regulations do not require Know Your Customer (KYC) procedures for every transaction, allowing peer-to-peer transactions to continue without such requirements. (Source) |