OKX removes USDT pairs in Europe as new stablecoin regulations loom
Rumors suggest the exchange is delisting the pairs because Tether is not allowed to issue a stablecoin under EU's upcoming MiCA rules.

Tether updates, transparency reports, and insights into the role of stablecoins in global finance.
Tether stablecoin is enjoying increased demands as Bitcoin's price returns to previous high.
Further, JPMorgan analysts argued that US authorities can exert some control on Tether’s offshore usage via OFAC.
Singapore-based Oobit is focused on advancing crypto adoption as a means of payment.
JPMorgan warned that Tether's USDT dominance might be a risk for the emerging industry.
Tether revealed that it held profits of $5.4 billion in reserves 'to ensure highest resiliency.'
An address potentially belonging to the stablecoin issuer sits on an unrealized profit of more than $1 billion.