EU Users in Shock: OKX Exchange Drops Tether's USDT - What now?

[JohnLocke]

Maybe we can steer back to the topic and skip the politics, war, and "How‌ World War III Ends" scenarios.

Thanks, my finger’s getting a workout from all the moving,‍ deleting, and slapping that warning button!

 

[FATCA]

When do you think that would‍ happen?

 

[maxmoney]

No one is‌ able to answer that precisely but a good guess would be anytime soon.

 

[FATCA]

Why would US obey EU "anytime soon"?

 

[ivan1911]

Binance just sent a message yesterday to me that I need to convert usdt… so‌ it’s probably rolling out on all exchanges that have eu presence…

 

[palandrome]

Set up an offshore business, move the USDT to an⁢ offshore business account and convert to USDC - if you you're worried about holding USDT︀

 

[koohl]

Still USDT works fine on Kraken for me, used it yesterday the latest.

 

[TheCryptoAnt]

guys its not that deep just tell your exchange you now live in Thailand and‌ send them a new proof of address. USDT is back on (and likely futures too‍ as many EU countries have them banned)

 

[lory]

I live in⁠ the EU at least on paper, but it is not banned?

 

[TheCryptoAnt]

depends which exchange. Some have restricted access already, some have not‍

 

[drillbill]

It is all working for me with USDT on various exchanges, don't see any problems‌ so far.