Birdwatch Note Rating
2024-12-28 14:41:43 UTC - NOT_HELPFUL
Rated by Participant: C01A073BA9ADE715F6A9F0A95A42AFB8FFD892083344A1EB578811CA2050496F
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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