Due to changes in laws and regulations, specifically the new European MiCAR legislation, it will no longer be possible to purchase Tether (USDT) on BLOX as of January 1, 2025.
The European MiCAR legislation, which came into effect on June 30, 2024, requires stablecoins to have legal approval. Since Tether (USDT) does not have the necessary approval, we are required to temporarily limit the functionalities of this coin.
We are closely monitoring the situation and will keep you updated through our communication channels if anything changes.