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Binance non-compliance and USDT issues flagged, Peter Todd argues

Binance non-compliance and USDT issues flagged, Peter Todd argues
Binance and USDT face EU criticism

Peter Todd criticizes the European Union's MiCA regulatory framework and points out that the compliance issue does not only affect anonymous cryptocurrencies but also USDT, which has reportedly not addressed key regulatory concerns.

He also commends Binance for its lack of compliance so far, expressing hope that the exchange will withdraw from the EU market.

Todd has previously compared Bitcoin's market cap with the $1.3 trillion in life savings held by 150 million Americans in a recent article. He also discussed technical issues affecting other cryptocurrencies, such as Monero's inflation bugs. These past comments build on his ongoing scrutiny of digital asset markets and regulatory compliance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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