Kraken to delist Tether USDT, 4 other stablecoins in Europe
Kraken will delist Tether’s USDT and four other stablecoins in Europe to comply with MiCA regulations, following a phased approach to minimize market disruptions.
Cryptocurrency exchange Kraken is moving to comply with European crypto regulations by preparing to delist five stablecoins, including Tether’s USDt.
Kraken will fully delist USDt (USDT) on March 31 to comply with the European Union’s Markets in Crypto-Assets Regulation (MiCA), according to an official announcement by the exchange.
Alongside USDT, the exchange will gradually remove support for PayPal USD (PYUSD), Tether EURt (EURT), TrueUSD (TUSD), and TerraClassicUSD (UST) in the European market.
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Author: Helen Partz
