Tether Comments on EU’s MiCA Regulations Positively but Notes Potential Complexities for Stablecoins

Tether Applauds EU Regulatory Efforts

Recognition for Structured Framework

Tether has commended EU regulators for their efforts in establishing a structured framework, emphasizing its crucial role in fostering growth within the sector.

Challenges Presented by MiCA

Complexities for Stablecoins

While acknowledging the positive aspects of EU’s Markets in Crypto Assets (MiCA) regulations, Tether has highlighted that some elements may complicate the operation of EU-licensed stablecoins, potentially introducing new risks to both local banking infrastructure and stablecoins themselves.