Illegal stablecoins in Europe after MiCa?
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Hello! Currently it looks like big exchanges in Europe would have to delist stablecoins that are issued by institutes without EMI (E-Money Institution) license, after MiCa regulations will kick off in the EU in April. Cercle (USDC) is currently awaiting their license for the EU, I couldn‘t find anything about Tether (USDT). If you hold stablecoins in Europe, I think it is wise to check if the issuer is EMI licensed and rather move your money, if he ain‘t. USDC looks to be good for $, Monerium EURO looks good for €. Hope this is according latest information, it is what I found at this moment. Stay safe! [link][comments] |
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