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CoinDesk (@CoinDesk): LATEST: @Tether CEO @PaoloArdoino says the company refused to apply for a MiCA license because of the rule requiring 60% of reserves in bank deposits,…

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LATEST: @Tether CEO @PaoloArdoino says the company refused to apply for a MiCA license because of the rule requiring 60% of reserves in bank deposits, the same rule the ECB is now proposing to scrap citing bank stability risks.

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