Bloomberg: Kraken and Crypto.com plan to launch their own stablecoins in response to new European regulations
ChainCatcher news, according to Bloomberg, due to new European regulations, cryptocurrency service providers must remove unlicensed stablecoins. Kraken is developing a dollar-pegged stablecoin, which is planned to be issued by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand into the European market.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
Mention the project
