隨著交易所報告轉向法定交易，歐盟加密貨幣規則收緊

根據彭博社 12 月 20 日報道，隨著交易所準備全面實施歐盟即將出台的加密貨幣法規

Major cryptocurrency exchanges are preparing for the full implementation of the European Union’s forthcoming crypto regulations, which are also creating concerns around potential liquidity disruptions, Bloomberg News reported on Dec. 20.

根據彭博社 12 月 20 日報道，主要加密貨幣交易所正在為全面實施歐盟即將出台的加密貨幣法規做準備，這也引發了人們對潛在流動性中斷的擔憂。

The new rules, which come into effect on Dec. 30, will require EU-regulated platforms to de-list Tether’s (USDT) token. As the most used global stablecoin, Tether is not covered by existing EU crypto regulations, which apply to stablecoins like Bitcoin.

新規則將於 12 月 30 日生效，將要求歐盟監管的平台下架 Tether (USDT) 代幣。作為全球使用最廣泛的穩定幣，Tether 不受現有歐盟加密貨幣法規的約束，該法規適用於比特幣等穩定幣。

To improve transparency and prevent illicit financial activities, Mica ensures that stablecoin issuers incur high licensing costs, pile up reserves, and are forbidden from handling payment transactions. Since Tether Limited has refused to attain the necessary license, exchanges operating in the EU have taken this as an action to remove USDT from their offerings.

為了提高透明度並防止非法金融活動，Mica 確保穩定幣發行者承擔高昂的許可成本、累積儲備金，並被禁止處理支付交易。由於 Tether Limited 拒絕獲得必要的許可，在歐盟運營的交易所已將此視為從其產品中刪除 USDT 的行動。

USDT plays a crucial role in market liquidity. It is a major force and the dominant currency globally in crypto trading pairs. The stablecoin’s imminent disappearance from the EU market is expected to disrupt trading activities and inflate costs for investors who rely on the stablecoin to facilitate efficient fund transfers.

USDT 在市場流動性方面發揮著至關重要的作用。它是全球加密貨幣交易對中的主要力量和主導貨幣。穩定幣即將從歐盟市場消失，預計將擾亂交易活動，並增加依賴穩定幣促進高效資金轉移的投資者的成本。

Exchanges Report Shift to Fiat Trading as EU Crypto Rules Tighten

隨著歐盟加密規則收緊，交易所報告轉向法定交易

One of the exchanges that delisted Tether’s USDT in Europe earlier this year, OKX, has noted that users are increasingly pivoting to fiat trading pairs. The adaptation leaves open the question of liquidity and concerns about the potential trade fragmentation among platforms.

今年稍早在歐洲下架 Tether USDT 的交易所之一 OKX 指出，用戶越來越多地轉向法定交易對。這項調整留下了流動性問題和對平台之間潛在貿易碎片化的擔憂。

As the European Union’s firm regulatory approach toward the Markets in Cryptoassets (MiCA) framework gathers pace, the market sentiment has only been boosted by the United States’s increasingly pro-crypto direction under President-elect Donald Trump.

隨著歐盟對加密資產市場（MiCA）框架採取嚴格監管措施的步伐加快，美國當選總統唐納德·川普（Donald Trump）領導下日益支持加密貨幣的方向提振了市場情緒。

MiCA is intended to enhance transparency and dissuade ill-gotten activities, but critics say that the measures could drive traders and liquidity providers to jurisdictions with laxer rules. Europe is pulling up its clothing for dangerous insurance against loose crypto, but analysts claim that this strategy could hit the continent’s aspirations on a globally competitive market.

MiCA 旨在提高透明度並阻止不正當活動，但批評人士表示，這些措施可能會迫使交易者和流動性提供者轉向規則更寬鬆的司法管轄區。歐洲正在為應對鬆散的加密貨幣做好危險的保險準備，但分析師聲稱，這項策略可能會打擊歐洲大陸在全球競爭市場上的抱負。

Tether is further teaming up with blockchain intelligence platform TRM Labs and layer-1 network Tron (TRX) to improve its security and create the ‘T3 Financial Crime Unit.’ The initiative will see transactions on the Tron network being scanned to freeze illicit USDT transactions — a signal of Tether’s initiative to thwart financial crime in the digital asset space.

Tether 正在進一步與區塊鏈情報平台 TRM Labs 和第一層網路 Tron (TRX) 合作，以提高其安全性並創建「T3 金融犯罪部門」。該計劃將掃描 Tron 網路上的交易，以凍結非法 USDT 交易，這是 Tether 旨在阻止數位資產領域金融犯罪的信號。

Crypto Ownership Surges in Eurozone Amid Decline in Venture Investment

在創投下降的情況下，歐元區的加密貨幣所有權激增

Meanwhile, the European Central Bank said that there was a dramatic surge in eurozone crypto ownership, with some 9% of the population now owning digital assets, which is more than double the figure achieved last year.

同時，歐洲央行表示，歐元區加密貨幣擁有量急劇增加，目前約 9% 的人口擁有數位資產，是去年數字的兩倍多。

The flux in the future of crypto and decentralization is compounded by the fact that venture capital investment into European crypto startups has slumped to the lowest level in four years.

由於對歐洲加密新創公司的風險投資已降至四年來的最低水平，加密貨幣和去中心化未來的變化更加複雜。

While the EU’s new regulations are designed to reinforce market stability and transparency, their next effect on liquidity and investor sentiment might impede the bloc’s capacity to take up the slack with important discussions of Bitcoin and the quickly developing digital asset scene.

儘管歐盟的新法規旨在加強市場穩定性和透明度，但它們對流動性和投資者情緒的下一步影響可能會阻礙歐盟透過對比特幣和快速發展的數位資產場景進行重要討論來填補空缺的能力。

Its effect can be seen in the USDT delisting by some of the biggest cryptocurrency exchanges in Europe. By the December 30, 2024, deadline, exchanges and stablecoin issuers within the European Union are taking proactive steps towards compliance and reshaping the European stablecoin landscape.

從歐洲一些最大的加密貨幣交易所下架 USDT 就可以看出其影響。截至 2024 年 12 月 30 日截止日期，歐盟境內的交易所和穩定幣發行機構正在採取積極措施實現合規並重塑歐洲穩定幣格局。

They are advised to stay on top of these developments and possibly switch to MiCA-compliant stablecoins to ride the changing regulatory environment smoothly.

建議他們密切關注這些發展，並可能轉向符合 MiCA 的穩定幣，以順利應對不斷變化的監管環境。