Due to new regulations, leading crypto exchange Kraken is “actively reviewing” whether to remove Tether (USDT) from its European market. The Markets in Crypto Assets (MiCA) regulations are set to be implemented across Europe, potentially creating compliance challenges for stablecoins like Tether. Marcus Hughes, Kraken’s Global Head of Regulatory Strategy, revealed that the exchange is preparing for multiple scenarios, delisting USDT as one option. However, the final decision will only be made when the regulatory situation becomes clearer.