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Cryptocurrency News Articles

The Crypto Wallet Landscape Is Shifting: What You Need to Know

Feb 06, 2025 at 12:00 am

A major shift in crypto asset management is unfolding, and three of the safest crypto wallets are leading the charge.

The Crypto Wallet Landscape Is Shifting: What You Need to Know

Crypto.com Wallet is removing support for Tether (USDT) in response to the upcoming Markets in Crypto-Assets (MiCA) regulations in the European Union. The regulations, set to take effect in February 2025, will require stablecoins to hold at least 60% of their reserves in recognized banks and obtain an e-money license.

Tether, the world’s largest stablecoin by market capitalization, has not applied for the license and currently fails to meet both of these requirements. As a result, major cryptocurrency exchanges, including Coinbase, have begun to phase out USDT in Europe. Despite remaining the most widely used stablecoin globally, its lack of transparency and failure to comply with MiCA have led to these exchanges taking drastic measures.

Bitget Wallet is expanding its Web3 reach by listing the ANLOG token on its Launchpool platform. Starting February 6, 2025, at 11:00 AM (UTC), eligible users will be able to lock Bitcoin (BTC) or Ethereum (ETH) to participate in a reward pool of 23,333,431 ANLOG tokens.

The campaign, which will run until February 11, 2025, at 11:00 AM (UTC), is designed to support Analog’s omni-chain interoperability protocol, which aims to improve blockchain data sharing. The tokens will be distributed hourly to users who have locked BTC or ETH, and the initiative follows a $5 million funding round for Analog, which is developing the ANLOG token.

Most crypto wallets introduce changes based on internal decisions, leaving users with little influence over the platform’s updates. Plus Wallet takes a different approach—here, the community calls the shots, making key decisions that will shape the future of the wallet.

This was recently demonstrated when users voted to integrate the Cronos blockchain, choosing it over Mantle and Optimism. The same process led to the listing of $TRUMP token, responding to clear demand from the community. These weren’t small updates—they were major decisions driven entirely by users, setting Plus Wallet apart as a wallet that truly listens to its community.

With Cronos integration complete and $TRUMP added, Plus Wallet has proven that user-driven development works. Future blockchain integrations, token listings, and feature updates will continue to be decided by the community, ensuring the platform stays relevant and adaptable.

At the same time, security remains a top priority, making it one of the safest crypto wallets available. Private key storage ensures that users get full ownership of their funds, as keys are stored locally on their devices. Plus, advanced encryption safeguards transactions, preventing unauthorized access. Multiple authentication layers, including Face ID and PIN protection, also provide an extra shield against security threats.

Beyond giving users decision-making power and security, Plus Wallet also rewards them for being part of its ecosystem. The Swap to Earn feature automatically credits USDT rewards, and the referral program offers unlimited earning potential. Every action counts, turning everyday crypto activity into a source of passive income.

Join Plus Wallet today to shape its future, secure your assets, and earn as you go.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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