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news-imageOctober 10, 2024

Is Tether's USDT stablecoin ‘noncompliant' with EU's MiCA regulations?

The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework.
Publisher: Cointelegraph
Sentiment: Negative
USDT

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Negative
cover-imageInvezz
March 6, 2025

Tether freezes $28M USDT on Garantex, forcing the exchange to halt services

Russian cryptocurrency exchange Garantex has temporarily suspended all its services after Tether froze $28 million worth of USDT held on the exchange. The announcement came via a Telegram post from Garantex on March 6, 2025, detailing the suspension of all operations, including cryptocurrency withdrawals. The exchange disclosed that Tether's action impacted wallets containing over 2.

Neutral
cover-imageTokenpost
March 6, 2025

Tether vs. Circle: The Battle for Stablecoin Dominance Intensifies

Tethers longtime CFO, Giancarlo Devasini, has stepped down and now serves as chairman, maintaining a low profile in Lugano, Switzerland. In contrast, Circle founder Jeremy Allaire actively engages with politicians and Wall Street executives, highlighting the ideological and business rivalry between the two stablecoin giants.

Positive
cover-imageThe Currency Analytics
March 4, 2025

TRON Dominates $11.4B USDT Surge in Crypto Market

TRON (TRX) has emerged as a dominant force in the world of stablecoin transfers, processing a staggering $11.4 billion in USDT (Tether) transactions. Recent data from CryptoQuant reveals that the blockchain has processed 1.89 million transactions, accounting for a significant portion of stablecoin activity in the market.

Negative
cover-imageBitcoin
March 3, 2025

Binance to Delist USDT, Other Non-Compliant Stablecoins for European Users

Binance is delisting several stablecoins, including USDT, for European Economic Area (EEA) residents due to non-compliance with MiCA regulations. USDT Woes Continue Top crypto exchange Binance announced on March 3 that it would delist several stablecoins not compliant with MiCA on its platforms used by residents in the European Economic Area (EEA).

Negative
cover-imageCrypto Economy
March 3, 2025

Binance to Delist USDT, DAI, and More in Europe! Here is the Reason

TL;DR Binance Delisting: Binance will delist several non-MiCA-compliant stablecoins (including USDT, DAI, TUSD, and USDP) in the EEA by March 31 to comply with EU MiCA regulations. Service Impact: Spot and margin trading pairs involving these stablecoins will be restricted, with limited effects on holding, conversion, and withdrawals.

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