$TRUMP đš **BREAKING: Kraken to Delist USDTâMajor Stablecoin Shake-Up!** đ±đ
In a surprising move, **Kraken** has announced the delisting of **Tether (USDT)** and several other stablecoins in the **European Economic Area (EEA)** due to new **Markets in Crypto-Assets (MiCA) regulations**. This decision is set to send ripples through the crypto space! âĄïž
### **Key Details:** đ
đč **Delisting Timeline:**
- **Feb 13, 2025** â Margin pairs enter "reduce-only" mode.
- **Feb 27, 2025** â Spot trading becomes "sell-only."
- **Mar 24, 2025** â All trading ceases completely. đ
đč **Stablecoins Affected:**
- **USDT (Tether)**
- **PYUSD (PayPal USD)**
- **EURT (Euro Tether)**
- **TUSD (TrueUSD)**
- **UST (TerraUSD)**
Users will need to adjust their holdings before the deadline! đ
đč **Regulatory Push:**
Krakenâs move aligns with the EUâs stricter regulations on stablecoins, aiming to enhance **compliance and consumer protection**. This marks a major shift in the regulatory landscape! đïž
### **Why It Matters:** â
đ„ **Market Impact:** The removal of **USDT**, one of the most widely used stablecoins, could cause market volatility, affecting liquidity and trading strategies. đ
â ïž **Action Required:** Kraken users must **convert their holdings to compliant assets** before the deadline. Any remaining balances may be **automatically converted after March 31, 2025**. âł
### **Whatâs Next?** đ€
As Kraken leads this transition, the crypto community is left wondering:
**Will other exchanges follow suit?** Stay tuned for further developments! đ


