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Cryptocurrency exchange Bitstamp delisted Tether's euro stablecoin as MiCA law takes effect

Cryptocurrency exchange Bitstamp will delist Tether's EURT and other stablecoins that do not comply with the new European Union law on crypto assets by the June 30 deadline. Non-euro-denominated fiat-backed stablecoins or e-money tokens that do not comply with the crypto asset market rules that went live this week will be restricted in certain products, but will not be delisted. Exchanges will not list or sell new tokens that do not comply with the regulations.