Crypto.com, a prominent player in the cryptocurrency industry, has announced plans to delist Tether USDT and nine other tokens from its European platform. The changes will take effect from January 31st, as per the company announcement.
The tokens affected by this decision, besides USDT, are yet to be disclosed. This move follows the trend of increased regulation in the crypto space, with exchanges needing to adhere to strict compliance procedures. It also underscores the shifting landscape of cryptocurrency trading in Europe.
Customers of Crypto.com in Europe are advised to withdraw any holdings of these tokens before the delisting date to avoid potential losses. The company assures that all other services will continue to operate as normal.