Bloomberg: Kraken and Crypto.com plan to launch their own stablecoins to meet new European regulations
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According to a Bloomberg report, due to new European regulations, cryptocurrency service providers need to remove unlicensed stablecoins. is developing a US dollar-pegged stablecoin and plans to issue it through its Irish subsidiary. At the same time, plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
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