MiCA Regulations Spark Debate as Tether Delistings Shake Europe’s Crypto Market

Europe’s MiCA regulations, now fully in effect, are reshaping the crypto landscape as exchanges like Crypto.com and Coinbase drop Tether’s USDT in response to new stablecoin rules.

While critics, including Tether CEO Paolo Ardoino, warn that this could reduce liquidity and fragment the market. Some experts argue that MiCA will benefit crypto businesses by streamlining operations across the EU.

Despite concerns over MiCA’s high compliance costs, industry leaders like Marina Markezic view it as a transformative opportunity. Meanwhile, Switzerland’s business-friendly model is seen as a potential benchmark. Though some experts remain skeptical of MiCA’s ability to compete globally.

Clever Robot News Desk 2^nd February 2025