MiCA in EEA (EU)
Hey, how's it going guys?
I recently just noticed the news of Kraken delisting USDT to comply with new European Regulations, MiCA (Markets in Crypto Assets). I won't go into great detail on why and how they're trying to get rid of US pegged stablecoins, but Kraken announced that by the end of March USDT will be shelved.
I just can't seem to find more info about other exchanges like Bybit, because I have investments and plan to make even more investments in Bybit, I also love bots and copytrading on Bybit, which all require USDT - so that means those plans are dead?
EDIT: Also, here's what else I've found: The MiCA framework does not apply to the European Central Bank, EU national banks.
Wow, that's just great. Rules for thee, but not for me.