Revolut Keeps USDT Outside EEA and Switzerland
The post Revolut Keeps USDT Outside EEA and Switzerland appeared on BitcoinEthereumNews.com. Revolut, a crypto-friendly digital banking platform, said its Tether USDt (USDT) delisting will not affect all customers globally. The delisting will affect Revolut customers in the European Economic Area (EEA) and Switzerland, while support for the stablecoin will continue in other markets, a spokesperson for the company told Cointelegraph. Revolut said the decision followed a review of its crypto services and risk considerations under the European Union’s Markets in Crypto-Assets Regulation (MiCA). “Revolut is discontinuing support for USDT for customers in the EEA following a periodic review of our cryptocurrency offering in light of the evolving EU regulatory framework under MiCA,” the spokesperson said. Revolut’s decision reflects a broader trend across the EU, where crypto platforms have continued to phase out USDT after Tether, the issuer of the $184 billion stablecoin, chose not to seek