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.

Kraken may drop Tether's USDT in Europe due to impending MiCA regulations, amid regulatory scrutiny and compliance uncertainties.
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.
Binance announces Monero delisting, affecting trading pairs and withdrawals. Market reacts with XMR price drop. Regulatory pressures contribute to exchange's decision.
Market instability grips privacy coins Monero (XMR) and Zcash (ZEC) due to regulatory scrutiny, risking delisting from major platforms. Bitcoin's dominance rises in South Korea, echoing 2020 trends, while Solana (SOL) outperforms in altcoin trading. However, newly listed PYUSD struggles to gain traction. The impending SEC decision on Ark's Bitcoin ETF adds uncertainty, reflecting potential market volatility. Post-crash analysis uncovers concerns, including increased price slippage and excessive leverage in the futures market. Overall, privacy tokens face regulatory and liquidity challenges while Bitcoin anticipates SEC-driven turbulence.
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.
Uphold's Canada-bound delisting hits major cryptocurrencies, sparing XRP amid regulatory compliance.
Binance's decision to delist certain tokens underscores its commitment to ensuring a secure and reputable trading environment. By periodically reviewing and adjusting its listed assets, Binance aims to uphold the highest standards in the ever-evolving cryptocurrency landscape.
But perhaps because it is always subject to attacks, and with a $50 million exploit in 2019 looming over their heads, Upbit's approach towards security and risk is more prudent than most.
The GUSD stablecoin has been fluctuating over the past week and went as low as $0.98.
Another OpenSea bug strikes again. It's a less-than-ideal way to end the week for the once blue chip NFT collection, Azukis.