BitGo CEO Warns of Potential Stablecoin Crisis Amid EU MiCA Enforcement Deadline
BitGo CEO Mike Belshe warns that non-compliant stablecoins, particularly Tether's USDT, could trigger a liquidity crisis in the European Union if they are delisted under the Markets in Crypto-Assets (MiCA) regulation by July 1, 2026. The EU’s MiCA framework imposes strict compliance requirements on e-money tokens like USDT.
Topics: EU regulation MiCA stablecoins Tether (USDT)