
EU’s Upcoming Crypto Rules Could Impact Liquidity Due to USDT Delistings
The European Union is poised to introduce new regulations for the digital asset market. However, recent events suggest that these rules could have far-reaching consequences for liquidity in the crypto space. Specifically, there are concerns surrounding the potential delisting of Tether (USDT), the largest stablecoin by market capitalization.
In a series of shocking developments, Rumble CEO Chris Pavlovski will maintain his super-majority voting rights, and Tether will not have board representation. This has raised eyebrows among industry experts who fear that this could lead to a ripple effect across the cryptocurrency markets.
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Source: cryptoslate.com