🚀 Tether’s €30M Bet on Bit2Me: EU & Latin America, Here We Come! 🌍

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So, Tether has decided to dip its toes into the sparkling waters of Bit2Me, acquiring a minority stake in what can only be described as a “crypto siesta haven” for Spanish speakers. Why? To expand its empire into Latin America and the EU, of course. Because who needs a holiday when you can conquer markets instead? 🌴💼

  • Tether threw a €30 million party for Bit2Me, and everyone’s invited! 🎉
  • Bit2Me got the golden ticket: a MiCA license, making it the EU’s new crypto darling. 🏆
  • The funds? Oh, just for a little thing called “global domination.” 🌍✨

On a Thursday that will forever be known as “The Day Tether Got Serious About Siestas,” the stablecoin giant acquired a slice of Bit2Me, one of the largest crypto platforms for Spanish speakers. As part of this grand gesture, Tether is leading a €30 million funding round. Because nothing says “we’re serious” like throwing millions at a problem. 💸

This move comes hot on the heels of Bit2Me securing Spain’s Crypto-Asset Service Provider license, allowing it to play nice with the EU’s MiCA regulations. Yes, Bit2Me can now legally operate in all 27 EU member states. It’s like getting a hall pass for the entire school. 🏫✨

“Bit2Me has consistently demonstrated its commitment to building compliant, secure, and intuitive infrastructure for the digital asset ecosystem,” said Paolo Ardoino, CEO of Tether, probably while sipping a latte and pondering the meaning of life. ☕🤔

Bit2Me’s co-founder and COO, Andrei Manuel, chimed in, explaining that the funds will be used to expand into the EU and Latin America. With a special focus on Argentina, because who doesn’t love a good macroeconomic rollercoaster? 🎢💹

“With their backing, we aim to accelerate our leadership in Europe and Latin America, markets that are just beginning to unlock the power of decentralized finance,” said Andrei Manuel, presumably while wearing a cape and striking a heroic pose. 🦸♂️

Tether’s Regulatory Tango: A Comedy in Two Continents

Now, here’s the kicker: Tether is doing all this while juggling regulatory issues in the EU. MiCA regulations demand transparency from stablecoin issuers, which Tether has historically treated like a suggestion from a distant relative. “Disclosures? More like dis-closures,” said no one at Tether, ever. 🤐

And let’s not forget the U.S., where the GENIUS Act is waiting with open arms and a clipboard full of transparency requirements. Tether, known for its love of secrecy, might need to invest in a good PR team. Or a time machine. ⏳🕵️♂️

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2025-08-07 18:36