Da gennaio stablecoin fuori dagli exchange? Intervista a Paolo Ardoino (Usdt): “Ecco perché non abbiamo aderito alla Mica”
Dec 18, 2024
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Paolo Ardoino, CEO of Tether, discusses the implications of new European regulations on stablecoins like USDT and why they haven't complied with the Mica framework. He highlights the shift towards stablecoins in economies facing hyperinflation and critiques existing banking practices. The conversation also touches on Bitcoin's evolving role as both a payment system and a store of value, the innovative Hadron platform for asset tokenization, and the importance of liquidity and reserve stability in the crypto market.
The implementation of new European regulations may lead to the delisting of stablecoins like USDT from various exchanges, complicating compliance for investors.
Growing acceptance of Bitcoin, spurred by ETF approvals and strategic reserves in several nations, highlights its increasing legitimacy beyond just speculative investment.
Deep dives
The Evolution of Bitcoin and Its Growing Acceptance
Bitcoin has progressed significantly through 2024, marked by the approval of an ETF in January, enhancing its credibility. Various nations, including the United States, Brazil, and Japan, are contemplating the establishment of strategic reserves in Bitcoin, which indicates a growing acceptance of cryptocurrencies. This acceptance reflects a notable shift in reputation and utilization, as more stakeholders begin to recognize its potential beyond mere speculation. The ongoing discussions surrounding Bitcoin's role in government strategy will be crucial to observe as the landscape evolves heading into 2025.
The Challenges of Cryptocurrency Regulation
The implementation of new European regulations, such as Mika, is creating challenges for exchanges and investors in the cryptocurrency space. Specifically, Coinbase Europe is restricting stablecoin services that do not meet newly established criteria, raising concerns among users. The debate over how stablecoins, like USDT from Tether, fit into regulatory frameworks is ongoing and illustrates the complexities involved in aligning innovation with compliance. As these regulations come into effect, it is important for investors to stay informed and adapt their strategies accordingly.
Global Perspectives on Cryptocurrency Adoption
In regions like Argentina and Turkey, economic instability drives the demand for cryptocurrencies, particularly the dollar and stablecoins like USDT. The rapid devaluation of local currencies urges citizens to seek alternative means to safeguard their assets, leading to increased use of digital currencies. Tether's innovation in providing a digital dollar represents a solution for those facing economic turmoil, allowing them to access global trading markets. This situation underscores the disparity in cryptocurrency understanding and adoption between developed and emerging markets, highlighting the necessity for education and accessibility.
Con l’entrata in vigore della normativa europea sulle cripto-attività, le stablecoin che non si sono posizionate nella figura di e-money token potrebbero essere delistate dalle piattaforme. Tra queste anche la più diffusa al mondo (e in Italia): Usdt di Tether. Il ceo dell’azienda, l’italiano Paolo Ardoino, spiega perché. Nella chiacchierata focus anche sulle prospettive di Bitcoin, tokenizzazione e intelligenza artificiale
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