OKX to pull USDT trading pairs in Europe
Powered by @unfoldedOKX, the fourth largest cryptocurrency exchange by trading volume, is phasing out USDT trading pairs for traders in the European Economic Area (EEA).
This move comes ahead of the European Union's adoption of a comprehensive regulatory framework for cryptocurrencies, known as MiCA, which will be fully effective by December 30, 2024.
The regulation will restrict the use of certain stablecoins in the EEA, prompting OKX to delist USDT trading pairs in the region.
Tether (USDT) became unavailable to traders in the EEA beginning on March 14, according to a customer support representative.
https://www.theblock.co/post/283159/okx-to-pull-usdt-trading-pairs-in-europe