Kraken and Crypto.com plan to launch their own stablecoins to meet new European regulations
2025-02-20 22:51:01
Europe New Laws Regulatory Impact Crypto Services Providers Demand Removaldesk3cryptocurrencydesktopCrypto News
Crypto service providers are required to remove unlicensed stablecoins due to new European regulations. Kraken is developing a dollar-pegged stablecoin and plans to issue it by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
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