EU’s Restrictive Stablecoin Guidelines Take Impact on June 30, Issuers Are Operating Out of Time

EU’s Restrictive Stablecoin Guidelines Take Impact on June 30, Issuers Are Operating Out of Time

by Jeremy

“Tether has engaged extensively with its trade counterparties in Europe concerning the necessities, together with these pertaining to the continuing itemizing of USDT and different Tether tokens, and the interpretation of key regulatory provision,” stated Paolo Ardoino, Tether’s CEO, in an announcement. “Whereas Tether is optimistic about MiCA’s implementation, it stays essential that stablecoin regulatory insurance policies enacted are balanced, defend shoppers, and nurture progress in our rising trade.”

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