Leadership Transition Amid New EU Regulations
- Michael Hilliard takes over as General Counsel for Tether and Bitfinex.
- Stuart Hoegner, who joined Bitfinex in 2014, retires.
- MiCA regulations, effective December 30, require stricter rules for stablecoin issuers in the EU.
With MiCA regulations now in effect, Hilliard’s leadership becomes crucial as Tether and Bitfinex navigate new compliance demands, particularly concerning reserve and liquidity requirements. This transition could significantly influence the companies’ operational strategies within the EU market.
