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Kraken will suspend USDT, PYUSD, EURT, TUSD and other stablecoin trading in Europe from February 13
2025-02-01 09:53

Odaily News With the European Union's Crypto Asset Markets Regulatory Authority in full effect, cryptocurrency exchange Kraken is preparing to delist several stablecoins for customers in the European Economic Area. The exchange announced that it will gradually lift margin trading restrictions on USDT, PYUSD, EURT, TUSD and UST for EEA users starting February 13. Spot trading will be stopped on March 24, open orders will be cancelled, and assets will no longer be exchanged for crypto or fiat currencies. Kraken said the move ensures compliance with MiCA and allows it to maintain long-term operations in Europe. (DLNews)