Revolut Delisting USDT: Only European and Swiss Users Affected
Revolut has announced a targeted delisting of Tether (USDT), clarifying that the move is strictly limited to customers within the European Economic Area (EEA) and Switzerland. This strategic shift follows an extensive internal review of the platform's crypto offerings and risk management protocols.
The primary driver behind this decision is the need to comply with the European Union's Markets in Crypto-Assets (MiCA) regulation. While the delisting creates friction for European users, the stablecoin support remains fully intact for the rest of the global market, ensuring that the impact is geographically contained.
Revolut, the crypto-friendly digital banking platform, has clarified that its Tether USDt (USDT) delisting will not impact its entire global user base. A company spokesperson confirmed to Cointelegraph that the removal of support for the stablecoin is specifically aimed at customers residing in the European Economic Area (EEA) and Switzerland.
According to the company, the decision follows a comprehensive review of its crypto services and risk considerations in light of the European Union's Markets in Crypto-Assets (MiCA) regulation. Outside of these specific European markets, USDT support remains unchanged.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at CoinTelegraphSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News
Reshoring Push Intensifies: Why Apple and Micron's Shift Matters for Crypto
As these shifts occur, the crypto sector must remain vigilant, as changes in cost structures and competitive dynamics could ripple through the digital asset space. The intersection of industrial reshoring and tech infrastructure will likely dictate future hardware availability and operational costs for blockchain networks.
Peter Schiff Warns: Bitcoiners in Denial Over MicroStrategy's BTC Sale
This development highlights growing concerns over Bitcoin's long-term support levels and the potential for institutional shifts to trigger volatility. As market psychology plays a pivotal role in price action, Schiff's critique suggests that ignoring these strategic liquidations could lead to a massive miscalculation of market stability.
World Cup Fever: Crypto Prediction Markets Take Over France vs Morocco Quarterfinal
As these prediction markets gain mainstream traction, they are bridging the gap between traditional sports fandom and the crypto ecosystem. The impact of this trend suggests a future where decentralized finance (DeFi) and major sporting events are inextricably linked, offering unprecedented transparency and new ways to participate in global competition.
Bitcoin Holds Strong Above $60,000 as US-Iran Tensions Fuel Global Inflation Fears
The geopolitical instability is reigniting global inflation concerns, as rising oil prices threaten to destabilize the macro economy. For crypto enthusiasts, Bitcoin's ability to maintain these support levels highlights its role as a potential hedge during periods of heightened geopolitical risk and renewed inflationary volatility.
Institutional Demand Rebounds: BlackRock Drives Surge in Bitcoin ETF Inflows
This resurgence follows a period of intense supply-side anxiety triggered by government wallet liquidations and legacy distributions. As BlackRock helps rebuild institutional confidence, the shift from supply pressure to consistent ETF inflows marks a critical turning point for Bitcoin's long-term price stability and adoption.
US Strike Destroys Chabahar Port Control Tower, Crippling Iran’s Maritime Operations
Beyond the immediate destruction, the strike complicates India's strategic connectivity goals and further escalates the ongoing US-Iran tensions. As maritime security becomes increasingly volatile, the fallout from this attack could reshape trade routes and influence global market sentiment regarding geopolitical risk.
