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Tether CEO Says MiCA Reserve Rules Kept USDT Out Of Europe

Covered by 3 sources · 3 articles

3 outlets - including Coinedition, Cryptopress and Cryptoadventure - are covering this story. Tether CEO Paolo Ardoino has explained why the company chose not to apply for a license under the European Union’s Markets in Crypto-Assets (MiCA) framework. According to Ardoino, the regulation creates unnecessary risks for stablecoin issu…

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CoinEdition Jul 2, 11:56 UTC

Tether CEO Says MiCA Rules Are Too Risky for USDT Reserves

Tether CEO Paolo Ardoino has explained why the company chose not to apply for a license under the European Union’s Markets in Crypto-Assets (MiCA) framework. According to Ardoino, the regulation creates unnecessary risks for stablecoin issu…

Cryptopress Jul 2, 06:07 UTC

Tether CEO Says MiCA Reserve Rules Kept USDT Out Of Europe

Tether CEO Paolo Ardoino has defended the decision to keep USDT outside Europe’s MiCA licensing regime, arguing that the bloc’s stablecoin reserve rules create more risk than safety for a dollar token with global scale. Ardoino said a “MiCA…

Tether CEO Says MiCA Reserve Rules Kept USDT Out Of Europe
Crypto Adventure Jul 2, 04:18 UTC

Tether CEO Says MiCA Reserve Rules Kept USDT Out Of Europe

Tether CEO Paolo Ardoino has defended the decision to keep USDT outside Europe’s MiCA licensing regime, arguing that the bloc’s stablecoin reserve rules create more risk than safety for a dollar token with global scale. Ardoino said a “MiCA…

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