According to the latest information, Tether (USDT) will be delisted from cryptocurrency exchanges in the EU on December 30, 2024, due to non-compliance with the new regulations of the EU's Markets in Crypto-Assets (MiCA) Act.

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However, this change is limited to the EU region. In other regions, such as the United States and Asia, the trading and use of USDT will not be affected. Therefore, USDT is not completely exiting the market, but is subject to regulatory restrictions in specific areas.

It is important to note that Tether, the issuing company of USDT, has not obtained an electronic money license from the EU, which is also the main reason for its delisting in the EU region. Other stablecoins that comply with MiCA requirements, such as Circle's USDC, have obtained the relevant licenses and will continue to operate in the EU market.

Key point...

Therefore, USDT has not announced an exit from the market, but will be delisted in the EU region for regulatory reasons. For users in other regions, the use and trading of USDT will continue as usual.

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