Kraken Considers Delisting Tether Ahead of EU's MiCA Regulations
Kraken may drop Tether's USDT in Europe due to impending MiCA regulations, amid regulatory scrutiny and compliance uncertainties.
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Kraken may drop Tether's USDT in Europe due to impending MiCA regulations, amid regulatory scrutiny and compliance uncertainties.
Kraken to cease XMR support in Ireland and Belgium due to EU regulations. Trading and deposits stop on May 10, delisting on June 10. Balances to be converted to BTC. Monero's price holds steady amidst global regulatory scrutiny. Exchanges worldwide adjusting to comply with regulations.
Bakkt's future hangs in the balance as it navigates turbulent waters in the stock market. With mounting pressure from the NYSE and persistent financial woes, the company faces an uphill battle to regain stability and investor confidence.
The delisting of Zcash and Monero symbolizes the growing challenges an industry faces as it seeks to align with a global financial system that values both privacy and transparency. With the compliance deadline approaching, the cryptocurrency community watches intently, anticipating how this balance will be managed and what lies ahead for privacy-centric digital currencies.
The GUSD stablecoin has been fluctuating over the past week and went as low as $0.98.
Exchanges like Binance, BitMEX, and OKX are limiting deposits and withdrawals for Solana’s top stablecoins, without explanation.
The exchange said all AMP trading will be halted on Aug. 15, adding that it “may resume at some point in the future."
Crypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well.
Some projects have been more severely impacted by the bear market than others. However, no coin has endured greater hardship ...
The major crypto exchange said on Thursday it would delist the trading pair if the price fell under 0.005 USDT, which has already happened.