"Cryptocurrency Exchanges Continue Supporting Tether (USDT) Despite Imminent MiCA Implementation"
JH Kim
Summary
- Coinbase announced that it delisted Tether (USDT) due to non-compliance with the legal requirements of the European cryptocurrency regulation law MiCA.
- Other major exchanges such as Binance, Crypto.com, Kraken, and Bitget are still supporting USDT.
- The suspension and support of USDT in the European market are significant variables in each exchange's legal response and regulatory strategy.
On the 17th (local time), according to cryptocurrency media Cointelegraph, it was reported that other exchanges continue to support Tether (USDT) even after Coinbase delisted USDT.
Previously, Coinbase delisted USDT on the 13th (local time) for not complying with the legal requirements of the European cryptocurrency regulation law MiCA. However, other exchanges like Binance, Crypto.com, Kraken, and Bitget are still supporting USDT for European users.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.