CEX will delist non-compliant stable coins in the European Union in December.

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BlockBeats news, on October 4th, according to Bloomberg, CEX Global Inc. will delist all unauthorized stablecoins from its Cryptocurrency exchange by the end of the year, which could potentially impact Tether Holdings Ltd.'s USDT and other Tokens. The EU is expected to fully implement new Crypto Assets industry regulatory rules, known as the Markets in Crypto-Assets (MiCA) regulation, by the end of this year. According to MiCA, regulation of stablecoin issuers took effect on June 30th, requiring them to hold Electronic Money authorization in at least one member state. Guidance for Cryptocurrency exchanges and other companies operating in the EU will come into effect from December 31st.

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