Quote from: tranthidung on Today at 03:00:34 AM

Quote from: livingfree on December 30, 2024, 10:16:23 PM

I think this is happening for most casinos that has a support with USDT. And with the rules from EU's MiCA, they have to adjust and remove the support on it.

That's why instead of USDT, they'd be using other stable coins that can be also used by their customers.

First time to see that casinos like BetFury reacted quickly in less than a week with such policies implemented by EU.

They have to obey to newest regulations from governments. USDT is only one of options for them and users, and without USDT, there are other cryptocurrencies to use on their platform and these cryptocurrencies are not banned by governments.

A discussion thread on it.
USDT TO BE BANNED IN THE EU BY DECEMBER 30!

Coinbase took action too.
https://cointelegraph.com/news/coinbase-delisting-tether-usdt-stablecoin-europe

So as a whole, they have to change their support with USDT. But for platforms that have some geographical users, they only have to stop the support for USDT for the citizens or residents on EU.

Otherwise, the entire global operations that are not covered by the EU MiCA regulation won't need to be worried about it. There's still a big usage of it.

So, it depends on how casinos like betfury and exchanges will take it.