Tether's Decision to Exit Europe: A Warning Sign for the Region's Cryptocurrency Future
Tether, the largest stablecoin issuer, has announced its decision to exit the European market, a move that could have significant implications for the region's cryptocurrency landscape. The company, known for its USDT stablecoin, is pulling back amidst evolving regulatory frameworks that could hinder its business operations in Europe.
Continue readingTether and Kraken Back European Stablecoin Venture Ahead of MICA Regulations
In a significant move within the cryptocurrency sector, Tether, the issuer of the world's largest stablecoin (USDT), along with cryptocurrency exchange Kraken, has announced strategic investments in a European-based stablecoin issuer. This partnership marks a bold step as the European Union prepares to finalize its regulatory framework under the forthcoming Markets in Crypto-Assets (MiCA) regulation.
Continue readingTrump's Truth Social: How Late Calls on Economic Policy are Shaping Economists' Lives
As the political landscape in the United States continues to evolve under the influence of Donald Trump, the impact of his social media platform, Truth Social, is creating waves among economists. Recent developments have drawn attention to how the platform has spurred a new culture where late-night calls and urgent economic discussions have become commonplace.
Continue readingCoinbase to Delist Non-Compliant Stablecoins in the EU by December
Coinbase Inc., one of the most renowned cryptocurrency exchanges in the world, will implement a major policy change in Europe. Starting this December, the firm shall start delisting those stablecoins which will fail to comply with the European Union's upcoming regulatory requirements. The move is likely to hit users and issuers of the digital currencies hard in the EU region.
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