Tether cites MiCA’s 60% bank reserve rule in decision to avoid EU license

🚨 Tether avoided a MiCA license in the EU due to the 60% bank deposit rule.
💸 Tether holds $184.6B in USDT, backed mostly by U.S. Treasury assets.
⚖️ EU central banks now propose liquidity requirements instead of fixed thresholds.
🌍 $USDT remains outside EU regulation as MiCA rules stand unchanged.

Continue Reading:Tether cites MiCA’s 60% bank reserve rule in decision to avoid EU license

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