🗣Tether Exits European Market
🟡Tether CEO Paolo Ardoino has refused to apply for licensing under the EU's MiCA regulations, stating:
“We need to protect 400 million users, not comply with EU demands.”
🟡According to Ardoino, the ECB is pushing the digital euro as a tool for controlling citizens.
🟡Tether will now focus on local stablecoins and new products tailored for the U.S. market.