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.
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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.
Ether faces significant resistance at $3,400, with over $1 billion worth of cumulative leveraged shorts set to be liquidated.
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“I think the regulatory body of El Salvador and the regulatory body of the United States will talk a lot,” Michele Crivelli said.
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The USDT issuer has struggled to maintain dominance in the face of competition from rivals such as Circle and its USDC stablecoin.
