These days a lot of discussions are going on about usdt and its regulatory approval in European market for MICA approval. It is expected that some European exchanges will delist the USDt. If this happens then it will surely affect the market because almost every exchange has got this kind listed on the exchange and hands got many pairs for popular crypto coins across the platforms.
If the exchanges Di list this popular stable coin then it will be a problem for a lot of uses across the market and hopefully that should not be happening but it is not in exchange hand because this is a regulatory requirement and if death is not able to achieve or secured the regulatory approval then exchanges will have to take this action.
Coin base has already hinted that the exchange is going to do this soon if there is no update on the approval side and most probably it will be happening but at the same time a company called moon pay hi secured the approval in European market. Now since the company has got the approval so they will be able to innovate on their product and services in Europe.
Crypto payments platform MoonPay has received approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation.
This is a big news for the company and also for the market but there is no update about usdt and people are waiting for this if there is any positive news around because if the delisting happens then it will be affecting the entire to market as a lot of volume will go down due to this change.
What are you thoughts about it and do you think that this listing will continue to happen or it will be dealisted from the exchanges in Europe market?
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