Today (August 31) is the deadline for the official delisting of USDT by digital bank Revolut. The platform will automatically convert users’ remaining USDT holdings into fiat currency based on the exchange rate of that day. This is another landmark event highlighting the ongoing tightening of European crypto compliance.
Meanwhile, the G20 finance ministers and central bank governors meeting is being held today in North Carolina, following up on last week’s Jackson Hole meeting—global inflation and the direction of monetary policy are worth watching.
In addition, the NFT collateral lending platform NFTfi officially ended operations today and took its front-end website offline; the all-in-one token deployment platform Printr also ceased all operations today.