Regulation

Europe positions itself as a global leader in crypto regulation with the recent adoption of the MiCA regulation. However, behind this ambitious project lies a concerning paradox: this legislative framework, intended to stabilize the market, could actually weaken the very foundations of the banking system. This warning comes from Paolo Ardoino, CEO of Tether, who sees these new rules as a threat not only to stablecoin issuers but also to all European financial institutions.