
Tether CEO Raises Concerns Over EU's MiCA Regulation
Introduction
As the European Union's Markets in Crypto-Assets (MiCA) regulation gets closer to full implementation, Paolo Ardoino, the CEO of Tether (the company behind USDT), has raised concerns that MiCA's deposit protection rules might unintentionally destabilize both stablecoin issuers and European banks. According to MiCA, stablecoin