As Europe prepares for comprehensive cryptocurrency regulations, Dutch fintech firm How muchpegged to the Euro and US dollar respectively EURQ ve USDQ announced the launch of stablecoins.
Kraken-Backed Quantoz Launches MiCA Compatible Euro and Dollar Stablecoins
Kraken, Tether and Backed by Fabric Ventures, Quantoz aims to capture a share of the European stablecoin market amid growing demand for regulatory-compliant digital assets.
Quantoz stablecoins on the Ethereum blockchain It will be issued and fully backed by liquid financial instruments such as fiat reserves and government bonds.
The company received a license from the Dutch Central Bank. Electronic Money Institution (EMI) license has and the EU Crypto Asset Markets (MiCA) allows it to fit within its framework.
As of Thursday, EURQ and USDQ are major exchanges Bitfinex ve KrakenIt will be listed on and will allow eligible users to exchange tokens.
Launch globally 180 billion dollars It comes at a critical moment for the European stablecoin ecosystem.
MiCA regulations will come into full force by the end of 2024 and will require issuers to meet strict compliance standards or risk being delisted from exchanges in the region.
Quantoz Payments CEO’su Arnoud Star Busmann“There is a gap in the stablecoin market in Europe and we see this as an opportunity. “We are confident that our technology and regulatory compliance put us in a strong position, especially with partners like Kraken and Tether,” he said.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/kraken-destekli-fintech-firmasi-iki-yeni-stablecoini-piyasaya-surdugunu-acikladi/
