Kraken European market will remove USDT and other 5 stablecoins

Odaily News Cryptocurrency exchange Kraken is preparing to delist five stablecoins, including Tether’s USDt, to comply with European cryptocurrency regulations. According to the exchange’s official announcement, Kraken will completely delist USDT on March 31 to comply with the regulations of the European Crypto Assets Market Supervisory Authority (MiCA).
In addition to USDT, the exchange will also gradually remove support for PayPal USD (PYUSD), Tether EURt (EURT), TrueUSD (TUSD) and TerraClassicUSD (UST) in the European market. (Cointelegraph)