Odaily News Tether CEO Paolo Ardoino said the EU's regulated Market in Crypto-Assets (MiCA) regulations "contain several problematic requirements". He said: "These requirements may not only make the work of stablecoin issuers extremely complicated, but also make EU-licensed stablecoins extremely fragile and have higher operational risks. As with any regulatory framework of this scale, further discussion of technical implementation standards is essential to give the market clarity on certain regulations." Under MiCA, to become a regulated stablecoin provider in the EU, issuers must have an Electronic Money Institution (EMI) license. Ardoino said Tether has had extensive engagement with its European exchange counterparties on the relevant requirements, including those related to the continued listing of USDt and other Tether tokens, as well as interpretation of key regulatory provisions.