Users have until March 31 to convert these assets into an alternative to mica, or they will automatically be converted into a stable value or similar value assets.
Crypto.com Stop supporting The USDT of Tether for European users before January 31, corresponding to the regulations on the EU markets in crypto-sets (Mica). The exchange recently obtained a Mica license in Malta, allowing it to operate throughout the region, but the rules of conformity require the removal of certain non -compliant assets. Alongside Tether, Crypto.com will also break Dai, Bitcoin wrapped, Pax Gold, Pax Dollar and his derivative tokens.
Users have until March 31 to convert these assets into an alternative to mica. Otherwise, they will be automatically passed to a stablecoin or a similar value. A crypto.com spokesman has confirmed that the decision applies only to EU customers and has urged them to take measures before the deadline.
This decision makes Crypto.com the second major exchange to remove the USDT in Europe, after the radiation of Coinbase last year due to the stable stable stable of Mica. Although Tether has taken measures to align with the new regulations, the future of its $ 138 billion in Stablecoin in the EU remains uncertain.
