2024

Solana

Bonk

<a href="https://bitcoinworld.co.in/okx-to-end-usdt-pairs-in-eu-yet-to-list-solana-meme-coins/" title="OKX To End USDT Pairs In EU, Yet To List Solana Meme Coins" rel="nofollow"></a>
OKX has decided to end Tether’s USDT trading pairs within the EEA, aligning with the EU’s forthcoming MiCA regulation.&nbsp; 
The EU’s Markets in Crypto-Assets (MiCA) regulation introduces several restrictions and obligations, particularly targeting stablecoins and the broader spectrum of crypto-asset service providers.&nbsp; 
Although the regulation does not specifically ban Tether (USDT), it imposes strict requirements on stablecoins issuers, particularly those considered significant due to size, user base, or market impact, a reason why market leaders like OKX are removing USDT trading pairs from the platform.&nbsp; 
This strategic withdrawal precedes the EU’s expected enforcement of the Markets in Crypto-Assets (MiCA) regulation, which is set to be fully operational by Dec. 30 of this year.&nbsp; 
OKX customer support revealed this earlier today to several users. However, USDT trading pairs are still visible on the platform.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/book-of-meme-bome-forecasted-to-hit-new-ath-heres-when/" aria-label="“Book of Meme (BOME) Forecasted To Hit New ATH: Here’s When” (Edit)">Book of Meme (BOME) Forecasted To Hit New ATH: Here’s When</a> 
Furthermore, OKX, recognized as the second largest offshore exchange, has notably refrained from listing any recent Solana-based meme tokens.&nbsp; 
Given the recent popularity of meme coins like Bonk and Dogwifhat, this has surprised the crypto community.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Let me clarify OKX listing team’s vision is discover valuable and early stage utility tokens for our customers. We don’t accept pitching for listing, we research potential projects from the market and keep to track the performance of the tokens for long time. Our listing… <a href="https://t.co/JgRr6JaZJq">https://t.co/JgRr6JaZJq</a> 
 — Star (@star_okx) <a href="https://twitter.com/star_okx/status/1769733521793536340?ref_src=twsrc%5Etfw">March 18, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Several users have continuously urged the platform to list these popular tokens.&nbsp; 
However, in a statement today, OKX CEO Star Xu <a href="https://twitter.com/star_okx/status/1769733521793536340">emphasize</a>d that the platform will always prioritize tokens with proven utility and potential for early-stage investment.&nbsp; 
Xu also addressed the community’s efforts to influence listings through social media, stating that such actions would not impact the committee’s decisions and urging halting these practices. 
Xu’s response was a surprising strategy from the exchange, given that major competitors, like Binance, were proactive in listing the trending meme coins very early.&nbsp; 
The latest Solana meme coins, such as BONK and WIF, have rallied over 3,000% since their launches.&nbsp; 
Not listing them means OKX has opted not to profit from some of the largest trading activities in the current bull market.&nbsp; 
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote> 
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#Binance #WRITE2EARN 
The post <a href="https://bitcoinworld.co.in/okx-to-end-usdt-pairs-in-eu-yet-to-list-solana-meme-coins/">OKX To End USDT Pairs In EU, Yet To List Solana Meme Coins</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

OKX To End USDT Pairs In EU, Yet To List Solana Meme Coins

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