Policy
Tether opts out of EU stablecoin regulation’s license over 60% bank rule
The Cryptonomist·September 22, 2026·1 min read
Tether declined to apply for a license under the EU's MiCA stablecoin framework due to a rule requiring major stablecoin issuers to hold 60% of reserves in bank deposits. CEO Paolo Ardoino cited this requirement as the reason for the decision.
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