Revolut's USDT Delisting Deadline: MiCA Pressure Hits Retail Stablecoin Access
Revolut USDT wind-down: July 6 buys stop, July 30 deposits rejected, Aug 31 auto-convert to fiat as MiCA kicks in across the EU. Practical steps for retail.
Bitcoin News·
Kenya’s National Treasury and cryptocurrency exchanges are in a standoff over a proposed regulation requiring stablecoin issuers to hold at least 30% of their asset reserves in local commercial banks. Protecting the Local Market Cryptocurrency exchanges and Kenya’s National Treasury are reportedly locked in a standoff over a proposed regulation that would force stablecoin issuers […]
Read full articleRevolut USDT wind-down: July 6 buys stop, July 30 deposits rejected, Aug 31 auto-convert to fiat as MiCA kicks in across the EU. Practical steps for retail.
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Revolut is set to phase out USDT support for eligible European clients in line with the European Union’s MiCA regulations. Revolut has informed affected users via email that it will gradually stop supporting USDT in the coming months. Users can keep purchasing USDT until July 6, after which Revolut will
RBI submission cites 54 FIU-registered providers and 3.93 crore users, as stablecoin market cap nears $311B. India’s path tightens. Practical moves founders can take now.