Tether Targets EU Expansion with €30 million Bit2Me Bet

• Tether spearheads €30 million funding to expand EU presence under MiCA.
• Bit2Me secures key CASP license to operate in Spain.

On August 7, 2025 (UTC), Tether led a €30 million funding round and acquired a minority stake in the Spanish cryptocurrency exchange Bit2Me. This strategic move helps Tether navigate the European Union’s Markets in Crypto-Assets (MiCA) regulatory shift, positioning the company to overcome compliance hurdles and regain a presence in Europe’s increasingly regulated crypto market.

According to PR Newswire on August 7, Bit2Me recently became one of the first Spanish-speaking platforms to secure the Crypto-Asset Service Provider (CASP) license from the Bank of Spain. This license allows Bit2Me to operate legally in Spain, but does not grant "passporting" rights to offer its services automatically across all 27 EU member states. By investing in Bit2Me, Tether therefore gains access to MiCA-compliant infrastructure, which addresses restrictions that previously limited its European reach.

The MiCA regulatory framework introduces stricter requirements for stablecoins like Tether’s USDt, which have resulted in delistings and diminished accessibility across European markets. By joining forces with Bit2Me, Tether leverages the exchange’s regulatory approval to regain market share. This partnership establishes pathways for compliance with MiCA’s complex regulations and reinforces Bit2Me’s position as a leader in the regional crypto ecosystem.