Crypto.com to Delist USDT and 9 Tokens by January 31, Report

• Crypto.com will delist USDT and nine other tokens in Europe by January 31, 2025.
• Users have until March 31 to convert non-compliant assets or face automatic swaps to MiCA.
• Crypto.com’s delistings align with ESMA’s directive and the EU’s new MiCA crypto regulations.

Crypto.com has declared it will delist Tether’s USDT and nine other tokens from its European platform. This delisting is in light of the European Union’s Markets in Crypto-Assets Regulation (MiCA). These tokens will be unavailable for purchase as of 31 January, and users can close their trades until this date.

Crypto.com’s delisting is just one of the many shifts in the European crypto space. With MiCA regulations guiding the industry, more exchanges will probably adopt similar measures to meet the requirements.