[]
BTC$95,539-0.61%ETH$2,677.39-1.87%XRP$2.55-3.91%USDT$1.00-0.04%BNB$642.85-3.15%SOL$168.96-4.85%USDC$1.00-0.00%DOGE$0.25-2.27%ADA$0.75-6.31%STETH$2,674.39-1.95%TRX$0.241.81%WBTC$95,236-0.83%LINK$17.79-5.95%WSTETH$3,182.41-2.33%LTC$133.177.74%XLM$0.33-2.31%AVAX$23.32-5.92%SUI$3.06-4.36%TON$3.67-1.89%LEO$9.800.12%USDS$1.000.15%SHIB$0.00001522-2.78%HBAR$0.21-2.41%WETH$2,677.33-1.83%HYPE$23.89-6.25%OM$7.604.23%DOT$4.76-2.42%BCH$315.11-2.51%USDE$1.00-0.03%UNI$9.56-2.93%BGB$4.78-5.83%WEETH$2,828.59-2.09%XMR$235.24-0.66%WBT$27.16-0.23%PEPE$0.00000928-6.16%ONDO$1.19-1.55%AAVE$249.83-4.19%NEAR$3.12-3.62%SUSDS$1.04-0.11%MNT$1.04-3.25%DAI$1.00-0.04%APT$5.66-3.37%TRUMP$16.44-4.13%ICP$6.74-3.64%TAO$376.165.02%ETC$20.15-2.87%OKB$49.42-2.14%GT$22.48-2.11%TKX$34.372.73%KAS$0.10-3.33%POL$0.30-4.76%VET$0.03-3.85%CBBTC$95,549-0.56%CRO$0.08-4.67%ALGO$0.26-4.43%RENDER$4.16-4.35%FIL$3.23-4.86%FDUSD$1.000.19%ARB$0.46-6.05%ATOM$4.58-5.52%S$0.60-2.30%FET$0.73-4.53%LBTC$95,524-0.71%JUP$0.72-10.94%OP$1.09-7.99%FTN$3.950.53%WETH$2,663.6-2.49%TIA$3.01-4.47%LDO$1.75-4.33%RSETH$2,778.36-1.68%KCS$12.03-0.66%SOLVBTC$95,095-0.86%XDC$0.09-7.24%QNT$95.12-1.35%RETH$3,016.71-1.79%INJ$13.79-5.95%NEXO$1.34-0.34%ENA$0.42-7.42%STX$0.87-5.08%BNSOL$174.61-4.97%IMX$0.74-6.99%GRT$0.13-5.89%THETA$1.25-5.01%METH$2,834.67-1.77%MOVE$0.51-5.45%RAY$4.23-9.62%BONK$0.00001547-6.91%FLR$0.02-2.09%WLD$1.14-4.84%USD0$1.000.05%DEXE$18.280.66%SEI$0.22-3.87%JASMY$0.02-4.80%SOLVBTC.BBN$94,592-1.02%MKR$1,172.3910.37%GALA$0.02-2.20%EOS$0.61-3.32%TEL$0.0099-5.03%FLOKI$0.00009255-2.41%XTZ$0.86-3.28%

Advertisement

Crypto.com to Delist USDT, Nine Tokens in EU by January 31, 2025, Under MiCA Rules

Crypto.com, one of the world's largest cryptocurrency exchanges, has announced the delisting of Tether's USDT and nine other tokens for European users
By: DeepNewz • January 29, 2025
Crypto.com to Delist USDT, Nine Tokens in EU by January 31, 2025, Under MiCA Rules

Crypto.com, one of the world's largest cryptocurrency exchanges, has announced the delisting of Tether's USDT and nine other tokens for European users, effective January 31, 2025. This decision aligns with the European Union's Markets in Crypto-Assets (MiCA) regulations, which impose stricter compliance requirements on stablecoin issuers and cryptocurrency services.

Affected tokens include Wrapped Bitcoin (WBTC), Dai (DAI), Pax Gold (PAXG), Pax Dollar (USDP), PayPal USD (PYUSD), Liquid Cronos (LCRO), XSGD, and Crypto.com's own staked tokens such as Staked ETH (CDCETH) and Staked SOL (CDCSOL). Users have until March 31, 2025, to convert or withdraw these assets, after which they will be automatically converted to MiCA-compliant alternatives.

The move follows Crypto.com's recent approval under MiCA, which allows it to provide regulated services across the European Economic Area. Tether's USDT, the world's largest stablecoin with $139 billion in circulation, faces increased regulatory challenges under MiCA. The delisting reflects the broader impact of MiCA regulations on the crypto industry, as exchanges like Coinbase have also delisted USDT in Europe.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Advertisement

Get an edge in Crypto with our free daily newsletter

Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri

90k+ Defiers informed every day. Unsubscribe anytime.