American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Politics

Tether excluded from MiCA approval as EU grants regulatory nod to 10 stablecoin issuers

by admin February 20, 2025
February 20, 2025
Tether excluded from MiCA approval as EU grants regulatory nod to 10 stablecoin issuers

The largest stablecoin issuer, Tether, has been excluded from the European Unionโ€™s latest MiCA regulation approvals, which granted licenses to 10 stablecoin providers.

This move highlights the EU’s strict stance on crypto asset regulations, raising concerns about market restrictions and potential delistings of USDT within the bloc.

EU approves 10 stablecoin issuers under MiCA

The Markets in Crypto-Assets (MiCA) regulation, aimed at overseeing stablecoins and crypto-asset service providers (CASPs), has approved Banking Circle, Circle, Crypto.Com, Fiat Republic, Membrane Finance, Quantoz Payments, Schuman Financial, Societe Generale, StabIR, and Stable Mint.

These firms have issued a combined 10 euro-pegged stablecoins and five US dollar-pegged stablecoins, aligning with MiCAโ€™s compliance requirements.

Patrick Hansen

@paddi_hansen

ยทFollow

๐Œ๐ข๐‚๐€ 50-๐ƒ๐š๐ฒ ๐’๐ญ๐š๐ญ๐ฎ๐ฌ ๐”๐ฉ๐๐š๐ญ๐ž: ๐…๐ฎ๐ฅ๐ฅ ๐‹๐ข๐ฌ๐ญ ๐จ๐Ÿ ๐€๐ฎ๐ญ๐ก๐จ๐ซ๐ข๐ณ๐ž๐ ๐’๐ญ๐š๐›๐ฅ๐ž๐œ๐จ๐ข๐ง ๐ˆ๐ฌ๐ฌ๐ฎ๐ž๐ซ๐ฌ & ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐๐ซ๐จ๐ฏ๐ข๐๐ž๐ซ๐ฌ ๐Ÿ‡ช๐Ÿ‡บ

50 days after MiCAโ€™s full entry into application, hereโ€™s where we stand according to the latest ESMA interimโ€ฆ

5:31 PM ยท Feb 19, 2025

117

Reply

Read 12 replies

However, Tetherโ€™s exclusion means that crypto platforms in the EU have started delisting USDT, a significant development considering Tetherโ€™s $141 billion market capitalization.

Without MiCA approval, Tether’s future within the European market remains uncertain, leading to speculation about the stability of stablecoin markets under MiCA regulations.

Tether shifts focus beyond the EU

While Tether has not received MiCA approval, the company is actively expanding its global footprint.

Recently, it proposed acquiring a 51% stake in a South African energy company, signaling a diversified investment strategy beyond crypto assets.

Additionally, Tether has increased its sports industry presence, investing in Juventus, aligning with its broader business model expansion into AI, biotech, and energy sectors.

Experts warn that MiCAโ€™s stringent rules could isolate the EU crypto market, making it less attractive to foreign firms.

Crypto experts say over-regulation might drive crypto companies to relocate outside the EU, reducing market competitiveness.

While MiCA aims to provide regulatory clarity, some analysts believe the focus on compliance over innovation could limit options for European crypto users.

As firms seek more flexible regulatory environments, the EU risks falling behind in the global crypto economy.

Tetherโ€™s exclusion from EU approval under MiCA has sparked debates about regulatory fairness, with the stablecoin issuer calling the move โ€œhasty and unwarranted.โ€

Meanwhile, investors are watching closely as MiCA-compliant stablecoin issuers take center stage in the European digital asset market.

The post Tether excluded from MiCA approval as EU grants regulatory nod to 10 stablecoin issuers appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Why Trumpโ€™s advisers are putting Wall Street first, not the Fed
next post
FOMC minutes show Fed cautious on rate cuts as tariff-led inflation concerns persist

Related Posts

Majority of voters think Biden is cognitively unfit...

July 2, 2024

World leaders react to Bidenโ€™s decision to not...

July 22, 2024

Three ways President Biden just helped Kamala Harris...

July 25, 2024

Third-party group No Labels inches closer to launching...

March 15, 2024

House Republicans sharpen their knives ahead of Bidenโ€™s...

March 8, 2024

2024 showdown: New polls this weekend in three...

August 12, 2024

Nikki Haley gains endorsements from moderate GOP senators...

March 3, 2024

Karine Jean-Pierre says Biden is ready to handle...

March 7, 2024

Who is new Trump-backed RNC Chairman Michael Whatley?

March 9, 2024

Outgoing Dutch PM tells Europe to stop โ€˜whining...

February 18, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • How Donald Trumpโ€™s immigration crackdown may tank the labor market

      August 4, 2025
    • Trumpโ€™s tariff threat looms over Indiaโ€™s Russian oil deals

      August 4, 2025
    • Trump moves nuclear submarines near Russia: what triggered the move and whatโ€™s ahead

      August 3, 2025
    • BOE rate cuts offer little relief as UK households face mounting financial strain

      August 3, 2025
    • Retail investors shift focus to Europe as US valuations stretch

      August 3, 2025

    Categories

    • Business (3,583)
    • Investing (2,703)
    • Latest News (2,031)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively โ€œThe Companyโ€) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright ยฉ 2025 americaninvesthub.com | All Rights Reserved