🚨 Kraken to Delist USDT and 4 Stablecoins in Europe Under MiCA Rules 🚨

Feb 13: Margin pairs set to "reduce-only" mode.
Feb 27: Affected tokens enter "sell-only" mode.
Mar 24: Spot trading halted, open orders closed.
Mar 31: Remaining holdings converted to a compliant stablecoin.

This affects users in the EEA (30 countries) as Kraken complies with EU regulations.

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Kraken's decision to delist USDT and 4 stablecoins in Europe under MiCA rules is a significant move towards compliance with EU regulations. Users in the EEA need to be aware of the timeline for margin pairs, affected tokens, spot trading, and the conversion of remaining holdings. Stay informed and adapt to the changes accordingly.