⚡️Tether is leaving the European market
The company's CEO Paolo Ardoino refused to apply for licensing in the European Union under the MICA regulation: "We need to protect 400 million users, not comply with EU requirements."
According to Ardoino, the ECB is promoting the digital euro as a tool for controlling citizens.
Tether is now betting on local stablecoins and new products for the USA.
