Kraken, a U.S.-based cryptocurrency exchange, insists it will keep USDT listed in European markets as long as regulations regarding stablecoins are not finalized. Mark Greenberg, Global Head of Kraken’s Asset Growth and Management Business, clarified they will “continue to look at all options to offer USDT under the upcoming regime.” https://static.news.bitcoin.com/wp-content/uploads/2024/05/ae2894a7-7b88-454d-938e-f7f882376ff9.jpg
The exchange is actively reviewing its plans to comply with the European Union's upcoming Markets in Crypto-Assets Regulation (MiCA) framework, which is set to take effect on June 30, 2024 Kraken's global head of regulatory strategy, Marcus Hughes, mentioned that they are planning for all eventualities and will take firm decisions as the regulatory position becomes clearer.