Birdwatch Note Rating
2024-12-29 08:58:58 UTC - HELPFUL
Rated by Participant: 7B5F1A16BCEB50965DC73E8571D4B600013C79056914A26D927590220F296D56
Participant Details
Original Note:
The new MICA regulation only establishes which StableCoins are compliant. Tether therefore 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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