Published 1 day ago • loading... • Updated 11 hours ago

Kraken mulls USD stablecoin as MiCA forces USDT removal: Report

Summary by Cointelegraph

Kraken is reportedly considering launching a stablecoin amid pressure to delist Tether's USDt in compliance with European Union laws.

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

4 Articles

All

Left

Center

Right

Crypto Breaking News

Kraken Considers Launching USD Stablecoin Amid MiCA Regulation, Impacting USDT: Report

Kraken Considers Removing Tether (USDT) Stablecoin Following Regulatory Concerns Cryptocurrency exchange Kraken is reportedly considering delisting the popular stablecoin Tether (USDT) due to regulatory uncertainties and concerns. This move comes in the wake of increased scrutiny on stablecoins in the crypto market. Kraken’s potential decision to remove Tether (USDT) comes amidst growing regulatory pressure on stablecoin issuers, particularly Te…

15 hours ago

Read Full Article

FinanceFeeds

Kraken Considers Its Own Stablecoin Amid European Crackdown On Tether - FinanceFeeds

Kraken is reportedly considering launching its own US dollar-pegged stablecoin, taking advantage of regulatory shifts in Europe that are pushing crypto exchanges to remove Tether’s USDT from their platforms. According to Bloomberg, the exchange is exploring this move through its Irish subsidiary, though no official details have been disclosed. The plan comes as the European Union’s Markets in Crypto-Assets Regulation (MiCA) forces exchanges to d…

23 hours ago

Read Full Article