Birdwatch Note Rating
2024-12-28 15:21:11 UTC - HELPFUL
Rated by Participant: 02ECC2D2549B528B2288D1AE4B483A652666A2B137CE62FA72F0B6FE3128DC3F
Participant Details
Original Note:
The new MIKA regulation only establishes which StableCoins are compliant. So Tether in the EU will be at most non-compliant, which is very different from illegal. So any European citizen who wants to continue using USDT will be able to do so without any kind of problem. https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica
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