In Polish dark towns, idiots believe that the removal of USDT is due to the all-powerful Tusk

The direct reason for the removal of USDT and other stablecoins is the implementation of MiCA regulations, which require stablecoin issuers in the EU to obtain a license. The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have called on cryptocurrency service providers to remove tokens that do not comply with MiCA by the end of March 2025.

Tether, the issuer of USDT, has not obtained the necessary license as an electronic money institution (EMI) in any EU country, which results in non-compliance with MiCA. In contrast, Circle, the issuer of USDC, obtained such a license in mid-2024, allowing for the continued offering of USDC in Europe. #USDT #USDC #Binance