🎥WATCH: TETHER CEO EXPLAINS WHY $184B USDT DID NOT APPLY FOR MICA
Paolo Ardoino said Tether did not apply for MiCA license because “it is very dangerous when it comes to stablecoins.”
He said the rules could force issuers to park 60% of reserves in “uninsured cash deposits” at small European banks unable to handle redemptions.
"I think it's a very not well thought legislation," Ardoino said, adding he "skipped MiCA to protect the 400 million plus users” of Tether.
I don't know how else to say this, but if you are a Patriotic American right now you are not a Patriotic American.
There is far too much wrong with our country to be celebrating as if nothing is wrong. Take note of our 250 and wonder if we'll ever see the America we are supposed to have in our lifetimes. Celebrate July 4th, the anniversary of the First American Revolution by praying to God for a Second.