Crypto exchange Kraken has clarified it currently has no plans to delist Tether (USDT) from its platform in Europe.
This statement contradicts a recent report that claimed the company was mulling the possibility of delisting USDT from its platform in order to comply with the new Markets in Crypto assets Regulation (MiCA) framework in the European Union.
According to Mark Greenberg, global head of growth and asset management at Kraken, the exchange will list USDT in Europe and adhere to all legal requirements, even if they do not agree with them.
He also added the rules are not yet finalized and that they are working to make sure they can offer all relevant stablecoins to their European clients.
Recall that a Bloomberg article published on May 17 stated that Kraken was “actively reviewing” its plans to comply with MiCA.