Tag: tether

Tether vs. Europe: Will USDT Disappear Under MiCA Rules?

Tether vs. Europe: Will USDT Disappear Under MiCA Rules?

• Facts

The crypto landscape in Europe is set to experience a radical change. This transformation is primarily driven by the adoption of the Markets in Crypto-Assets (MiCA) regulation. Completing the picture This detailed framework is intended to govern crypto-assets, stablecoins, and crypto-asset service providers across the EU. MiCA has generated considerable...

Tether CEO Voices Concerns Over MiCA's Impact on Stablecoins

Tether CEO Voices Concerns Over MiCA's Impact on Stablecoins

• Regulation

Paolo Ardoino, CTO of Tether, has previously voiced grave concerns over the Markets in Crypto-Assets (MiCA) regulation. He thinks it would have a big impact on the stablecoins, in particular, Tether. Ardoino is adamant that following European law would result in severe and irreparable harm. He even goes so far...

MiCA's $149B Tether Gamble Risks Europe's Crypto Future

MiCA's $149B Tether Gamble Risks Europe's Crypto Future

• Commentary

Europe is playing a dangerous game. While the intent behind the Markets in Crypto-Assets (MiCA) regulation is laudable – protecting consumers and fostering a safe crypto environment – its current form, particularly concerning stablecoins like Tether (USDT), risks crippling the very innovation it seeks to safeguard. Paolo Ardoino, Tether's CEO,...

Further Reading

UK Crypto Regs: Innovation vs. Safety - Can They Coexist?

The UK is walking a high wire act. It tries to promote crypto innovation, while protecting its financial system and consumers from it. Marcin Kowalczyk, a blockchain regulatory analyst, examines the UK's approach to regulating crypto assets, highlighting the inherent conflicts and providing insights for businesses navigating this evolving landscape....

Crypto's UK Crossroads: Innovation vs. Control – Can Both Survive?

Seven million Brits are playing with crypto. Seven. Million. That’s not a fringe movement these days—that’s a growing majority of the population. Instead, the UK government is trying to take a victory lap for its ambition to be “innovative” and “safe” in the crypto space. I think they may actually...

UK Crypto Regulation: Will It Crush Southeast Asia's Web3 Dreams?

I get it. But the current regulatory path often seems more like an obstacle than an innovation pathway. Such a wall would, by default, cut off artists and entrepreneurs in Southeast Asia from accessing the opportunities that Web3 can provide, when many need them the most. We need to ask...

UK and US to Forge Transatlantic Sandbox for Digital Securities

The UK government is set to establish a "UK–US Financial Regulatory Working Group" to explore the creation of a "transatlantic sandbox for digital securities." This new initiative seeks to encourage innovation, as well as the need to work through the regulatory challenges that our fast-paced crypto market presents. The UK...

MiCA's Test: Can Europe Balance Crypto Innovation and Regulatory Rigor?

Europe's crypto ambitions are grand. MiCA, the Markets in Crypto-Assets regulation, holds the prospect of a single rulebook. Here is where promise versus reality become hugely evident, particularly when you have 27 nations at the table. The true test isn’t the drafting of that regulation, it’s the manner—including consistency—and intelligence—with...

EU Crypto Race: Gemini & Coinbase Secure Licenses, But at What Cost?

As we reported, the European crypto landscape is getting hot. Key industry players including Gemini and now Coinbase are directly working out the operational challenges imposed by the EU’s complicated regulatory regime. It is full steam ahead for the EU’s Markets in Crypto-Assets (MiCA) regulation, which just recently came into...

Malta's Crypto 'Fast Lane' Could Undermine EU's Bold Web3 Vision

Malta’s long been a controversial topic, and recently, much of it has been for the wrong reasons. Fantastic that household names like Jupiter, Gemini and Coinbase are queuing up for EU licences. MiCA was meant to be this great, harmonized, single framework, hoooooray. One seat to rule them all, across...

Crypto Firms Navigate EU's MiCA Framework Amid Regulatory Scrutiny

The European Union’s Markets in Crypto-Assets (MiCA) regulation comes into force in a matter of months. At the same time, major crypto players Gemini and Coinbase are poised to obtain EU licenses, signaling a significant step forward for the emerging digital finance space. This is to create a common governance...