The post Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now appeared on BitcoinEthereumNews.com.

Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” what tokens it could continue to list under the European Union’s upcoming MiCA framework. Cryptocurrency exchange Kraken has “no plans” to delist Tether (USDT) in Europe at the moment despite a recent report claiming the firm was “actively reviewing” the decision to remain legally compliant. “[Kraken] continues to list USDT in Europe and we have no plans to delist at this time,” stated Mark Greenberg, global head of asset growth and management at Kraken, in a May 18 X post. The firm will continue to follow all legal requirements — even those that it disagrees with — Greenberg iterated. “But the rules are not finalized yet and we continue to do everything we can to continue to offer all relevant stablecoins to our European customers.” Read more Source: https://cointelegraph.com/news/crypto-exchange-kraken-no-plans-delist-usdt-tether-europe

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Filed under: News - @ May 20, 2024 8:20 pm