Crypto.com removes USDT and 9 other tokens in Europe due to MiCA regulations

The exchange Crypto.com announced that it will stop listing Tether's USDT and nine other tokens in Europe starting January 31, in compliance with the Markets in Crypto-Assets Regulation (MiCA).

This measure reflects Crypto.com's commitment to the new European regulations, which aim for greater transparency and security in the cryptocurrency market.

How will this decision impact the crypto ecosystem in Europe?

In addition to #USDT , Crypto.com will also remove from its listing #WBTC (WRAPPED BITCOIN), #DAI , #USDP (PAX DOLLAR), #PAXG (PAX GOLD), PYUSD (PAYPAL USD), CDCETH (Crypto.com STAKED ETH), CDCSOL (Crypto.com STAKED SOL), LRCO (Liquid CRO) and XSGD (XSGD)

$WBTC

$USDP

$PAXG