隨著雲母法規生效

最近，繫繩的情況變得越來越糟。在學會了“合法和合法”的穩定者之後，將被認為是值得的

Crypto.com announced that it will stop supporting the stablecoin Tether (USDT) in Europe as of January 31. The move comes in response to the European Markets in Crypto-Assets (MiCA) regulation, which requires strict anti-money laundering (AML) controls, among other obligations.

crypto.com宣布將停止支持截至1月31日在歐洲的Stablecoin Tether（USDT）。此舉是為了響應加密資產（MICA）法規的歐洲市場，該法規要求嚴格的反貨幣洗滌（AML）控制和其他義務。

Crypto.com said it will delist USDT, PayPal USD, PaxDollar, and several other digital assets in Europe. Starting January 31, users will not be able to deposit or buy USDT, but withdrawals will be available until March 31.

Crypto.com表示，它將在歐洲使用USDT，PayPal USD，PaxDollar和其他幾個數字資產。從1月31日開始，用戶將無法存入或購買USDT，但提款將在3月31日提供。

The announcement comes several months after Tether decided to pull its EURT product, and more delistings are expected as the MiCA regulations take full effect.

該公告是在Tether決定將其歐元產品推出的幾個月後，隨著雲母法規充分生效，預計會有更多的脫穎而出。

Tether said it was disappointed with the “rushed actions” by exchanges, adding that the MiCA regulation will put European Union consumers at risk of a disorderly market.

Tether表示，對交流的“匆忙行動”感到失望，並補充說，雲母法規將使歐盟消費者面臨著一個不當市場的風險。

The MiCA Regulation is the EU’s framework for regulating crypto assets, including stablecoins, exchanges, and other crypto-related services. They were passed in 2023 and implemented in 2024.

雲母法規是歐盟調節加密資產的框架，包括穩定的股票，交易所和其他與加密貨幣相關的服務。他們於2023年通過，並於2024年實施。

While MiCA rules are comprehensive and cover everything from digital asset issuance to how exchanges must conduct themselves, the stablecoin rules are the main concern for Tether.

儘管雲母規則是全面的，並且涵蓋了從數字資產發行到交流必須進行的所有內容，但Stablecoin規則是Tether的主要關注點。

The regulations stipulate that stablecoin issuers must have fully backed reserves and that the reserves be segregated to protect them.

該法規規定，穩定的發行人必須具有完全支持的儲量，並且將儲量隔離以保護它們。

Exchanges and wallet providers are evidently concerned about continuing to work with Tether. MiCA rules also require them to comply with the EU’s strict AML standards and facilitate increased transparency around conflicts of interest, fees, pricing, and more.

交流和錢包提供商顯然關心繼續與繫繩合作。雲母規則還要求他們遵守歐盟嚴格的AML標準，並促進利益衝突，費用，定價等方面的透明度提高。

Since Tether has been linked to money laundering in international crime investigations and flatly refuses to submit to an audit by a respected accounting firm, it’s no wonder that legitimate exchanges are rushing to cut ties with the shadowy firm.

由於Tether與國際犯罪調查中的洗錢有關，並斷然拒絕接受一家受人尊敬的會計師事務所的審計，因此難怪合法的交流急於與Shadowy Firm建立聯繫。

Although it’s not entirely clear what the Trump government’s stablecoin regulations will look like, there are some clues based on the President’s January Executive Order.

儘管目前尚不清楚特朗普政府的Stablecoin法規的樣子，但根據總統一月的行政命令有一些線索。

The first and most important is the term “lawful and legitimate” dollar-backed stablecoins used in the executive order. While Tether may be fully backed by dollars in 2025, it will be difficult to be considered “lawful” given its checkered history and several run-ins with U.S. authorities.

第一個也是最重要的是“行政命令”中使用的“合法和合法”的美元支持的stablecoins。雖然繫繩可能在2025年得到美元的全部支持，但考慮到其方格的歷史以及與美國當局的幾次奔跑，很難被視為“合法”。

What would happen if the Trump stablecoin regulations made it so U.S. wallets and exchanges decided to dump Tether? Considering that it is by far the most traded token in digital currency markets and that BTC began its epic price run shortly after Tether went live, things could get messy.

如果特朗普穩定法規制定了這一法規，將會發生什麼，以便我們的錢包和交易所決定拋棄繫繩？考慮到它是迄今為止數字貨幣市場中交易最多的令牌，並且BTC在繫繩上線後不久就開始了其史詩般的價格，事情可能會變得凌亂。

When a Tether spokesperson warned that regulations like MiCA could create a “disorderly” market, they weren’t joking!

當繫繩發言人警告說，像雲母這樣的法規可能會創建一個“無序”的市場，他們就不會開玩笑！

We’ll have to wait and see how American stablecoin regulations shape up before we find out what happens. But for now, it looks like the walls are closing in on Tether, and finally, it may be forced to show its hand or leave the table.

我們必須拭目以待，看看美國穩定法規是如何塑造的，然後才能確定發生了什麼。但是就目前而言，看起來牆壁已經封閉在繫繩上，最後，它可能被迫伸出手或離開桌子。