Juan Ignacio Ibañez Discusses USDT Compliance Concerns Under MiCA with Cointelegraph
A recent article in Cointelegraph delves into the compliance issues that Tether’s USDT stablecoin could encounter with the EU's Markets in Crypto-Assets (MiCA) regulation. The publication consulted Juan Ignacio Ibañez, General Secretary of the MiCA Crypto Alliance Technical Committee, for his expert opinion. Ibañez noted that Tether is mainly focused on the reserve management requirements set forth by MiCA, as these could disrupt their operational framework. This discussion is part of a larger industry narrative regarding how stablecoins will adapt to new regulatory challenges in Europe.
For more details, read the full article here.