# US Kraken exchange targets European license in 2021, says CEO

# US Kraken exchange targets European license in 2021, says CEO

“# US Kraken exchange targets European license in 2021, says CEO ” Major United States-based cryptocurrency exchange Kraken is planning to officially expand into the European market, following in the footsteps of rival exchange Coinbase. Kraken co-founder and CEO Jesse Powell said that his firm is actively working on receiving a European license, targeting several local…

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# USDC to consolidate reserves into cash and US treasuries

# USDC to consolidate reserves into cash and US treasuries

“# USDC to consolidate reserves into cash and US treasuries ” Coinbase president and COO, Emilie Choi, has announced that the reserves backing the stablecoin USD Coin (USDC) will be consolidated into cash and U.S. government treasuries. An Aug. 22 blog post from CENTRE Consortium, the entity that was collaboratively established by top U.S. crypto…

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