Tether Rejects EU MiCA License Over Restrictive Stablecoin Reserve Rules
Regulation
Tether confirmed it will not apply for a license under the EU's MiCA framework due to the restrictive reserve rules for stablecoins. CEO Paolo Ardoino rejected applying to the European scheme, considering that its local liquidity requirements conflict with the company's asset management approach.
USDT
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
