Crypto.com Removes Tether (USDT) and 9 Tokens for EU Users Ahead of MiCA Regulations

Crypto.com delists USDT, WBTC, DAI, and 7 other assets for European customers in response to EU’s MiCA stablecoin rules. Learn which tokens are affected and what it means for traders.
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Crypto.com delists USDT, WBTC, DAI, and 7 other assets for European customers in response to EU’s MiCA stablecoin rules. Learn which tokens are affected and what it means for traders.


Crypto.com Announces Major EU Delisting: USDT and 9 Assets Cut Amid MiCA Compliance

Singapore-based cryptocurrency exchange Crypto.com has confirmed it will delist Tether (USDT)and nine other digital assets for European customers by [Insert Date], citing strict compliance with the EU’s Markets in Crypto-Assets (MiCA) regulations. The move highlights growing regulatory pressures on stablecoins like USDT, which dominates $110B+ of the global crypto market.


Why MiCA Regulations Forced the Delisting

The EU’s MiCA framework, set to fully apply in December 2024, imposes stringent rules on stablecoin issuers, including transparency requirements and daily transaction limits. Crypto.com stated the delisting is a “proactive step to align with MiCA’s stablecoin compliance standards” ahead of deadlines.

Key Delisted Assets Include:

  • Tether (USDT) – World’s largest stablecoin ($110B market cap)
  • Wrapped Bitcoin (WBTC) – Ethereum-based Bitcoin derivative
  • Dai (DAI) – Decentralized stablecoin
  • Pax Dollar (USDP)Pax Gold (PAXG)PayPal USD (PYUSD)
  • Crypto.com’s staked ETH and SOL tokens

(Confirm final asset list with Crypto.com’s official announcement this article may contain errors)


Immediate Impact on European Crypto Traders

  1. Portfolio Adjustments Required: EU users must close positions or convert delisted tokens by [Insert Date] to avoid forced liquidations.
  2. Stablecoin Uncertainty: MiCA’s rules may push EU exchanges to favor EUR-backed stablecoins (e.g., EURC) over USDT.
  3. Market Volatility Risks: USDT’s dominance in liquidity pools could amplify price swings for paired assets.

Broader Implications for Crypto Markets

  • Global Regulatory Ripple Effect: MiCA’s strict stablecoin oversight may inspire similar rules in Australia, the UK, and Asia.
  • Centralized Exchanges Adapt: Competitors like Binance and Coinbase may follow with EU-specific delistings.
  • Decentralized Finance (DeFi) Advantage: Unregulated platforms could see increased USDT trading volume as users seek alternatives.

Crypto.com’s Statement on Compliance

A company spokesperson emphasized: “We prioritize regulatory alignment to ensure long-term sustainability in evolving markets like the EU.”


FAQs: Crypto.com EU Delisting Explained

Q: How will this affect European crypto traders?
A: Users must trade or withdraw delisted tokens before the determined date outlined by Crypto.com. EUR, USDC, and BTC/ETH trading pairs remain available.

Q: Could this trigger market volatility?
A: Short-term USDT sell-offs are possible, but analysts expect USDC (MiCA-compliant) to absorb most liquidity.

Q: Will other exchanges follow?
A: Likely. MiCA requires all EU platforms to enforce stablecoin rules by December 2024.


Crypto.com’s EU delisting underscores the rising clash between decentralized crypto assets and centralized regulation. As MiCA reshapes Europe’s crypto landscape, traders and exchanges must adapt—or risk exclusion.

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