From Cointelegraph
May 16, 2025 10:30 AM:

The European Union’s MiCA regulation aims to unify crypto regulation across 27 member states, providing clarity, consumer protection, and market stability. CASPs must acquire licenses by January 2025, with a transition period for compliance. However, Tether’s decision not to seek MiCA compliance could lead to delisting and impact liquidity and DeFi activity in the EU.

MiCA’s strict rules on stablecoins require issuers to be authorized in the EU, publish a regulator-approved white paper, and adhere to asset reserves, governance, and marketing restrictions. Tether’s USDt may face delisting in the EU due to non-compliance, affecting retail access and DeFi activity in the region.

While some firms like BitGo are securing MiCA-aligned licenses in Germany to serve institutional players, others like Tether are opting out due to concerns about the regulatory impact on stablecoins. Compliance is key for firms navigating the evolving regulatory landscape in Europe, with a focus on long-term strategic alignment and consistent interpretation at the national level.

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