#WhyMarketDownToday

Today in crypto, Kraken announced that it will delist Tether’s USDt and four other stablecoins in Europe to comply with the Markets in Crypto-Assets Regulation (MiCA), asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a spot Polkadot exchange-traded fund (ETF), and crosschain protocol LayerZero has settled with the FTX estate over transactions involving Alameda Research in 2022.