"BREAKING: USDT TO BE BANNED IN THE EU BY DECEMBER 30
The Global Crypto Market Faces a Major Shock!
Starting December 30, USDT, the world’s largest stablecoin, will be delisted from all exchanges in the European Union (EU). This bold move stems from the MiCA regulations, a sweeping overhaul of crypto governance. The decision will not only reshape the market landscape but also bring new challenges and opportunities."
https://www.binance.com/en/square/post/17942336867625
I just found this on Binance Square and am surprised that I haven't heard anything earlier about such big change for EU markets.
there was some recent news that BTC ATMs will require full KYC now in Poland thanks to new EU regulations but this is like 1000 times more important and I don't see anybody talking about it, so I thought maybe some fake news, and better it will be the case but on Binance Square?
Wonder your thoughts, this can cause a shock for sure short term on crypto markets if USDT will be banned in all EU exchanges in 4 days
Is this information really true? Does anyone have more credible sources? I can't find this information on Cointelegraph and Coindesk. Binance also launched CGPT/USDT perpetual contracts a few days ago. On Binance square, anyone can post whatever they want.The Global Crypto Market Faces a Major Shock!
Starting December 30, USDT, the world’s largest stablecoin, will be delisted from all exchanges in the European Union (EU). This bold move stems from the MiCA regulations, a sweeping overhaul of crypto governance. The decision will not only reshape the market landscape but also bring new challenges and opportunities."
https://www.binance.com/en/square/post/17942336867625
I just found this on Binance Square and am surprised that I haven't heard anything earlier about such big change for EU markets.
there was some recent news that BTC ATMs will require full KYC now in Poland thanks to new EU regulations but this is like 1000 times more important and I don't see anybody talking about it, so I thought maybe some fake news, and better it will be the case but on Binance Square?
Wonder your thoughts, this can cause a shock for sure short term on crypto markets if USDT will be banned in all EU exchanges in 4 days
This is very urgent because if this is fake news, then the news author is degenerate but if this is real, every USDT holder can be in trouble. I trade with USDT on exchanges because every pair has a USDT pair and futures trading is only possible with USDT. I sold all of my coins a few days ago and now I hold USDT, I'm in a panic mode but I see that people are calm, USDT hasn't lost its value on the USDT/USD pair.
DAI is neat and probably one of the most decentralized stablecoins but the holders are too few in numbers and a large amount of their collateral is in USDC, a centralized currency. It has weak points. I consider it semi-centralized.
DAI is great but on centralized exchanges, there are mostly USDC pairs. On Binance there are FDUSD and USDC pairs. Which pair do you suggest to me? Now I have converted all of my assets to USDC. Is FDUSD safe?