Today, a tense atmosphere dominates the cryptocurrency market. Bitcoin (BTC) $93,106 approaches its monthly low, drawing attention from market participants. A similar decline is observed among altcoins, though the overall market sentiment reflects a bullish trend.
Tether Faces Risks in Europe
The prominent stablecoin Tether (USDT) struggles with compliance issues regarding the new European Crypto Assets Market (MiCA) regulations. The deadline for adhering to these rules is set for December 30, 2024. However, Tether’s current structure poses a risk of removal from European markets. Experts suggest that this situation creates uncertainty, complicating investor decisions.
The potential withdrawal of Tether from European markets signifies a significant shift in the stablecoin ecosystem. This development may particularly impact liquidity planning for…
Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet