The EU’s MiCA regulations are set to fully enforce compliance for crypto assets by December 30, 2024. However, there is no explicit guidance on Tether’s USDT compliance, leading to uncertainty and mixed reactions from investors and exchanges, including Coinbase delisting USDT.
Different EU member states have varying transitional periods for crypto asset compliance. Some countries allow a transitional phase until mid-2026, while others have periods ranging from 6 to 18 months. This fragmented approach may lead to consumer protection inconsistencies during MiCA’s transitional phase.