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Coinbase to Auto-Convert USDT and 13 Other Stablecoins in Europe on October 30 Under MiCA

Summary by FinanceFeeds
Coinbase gives European customers a final withdrawal deadline as EU regulators tighten restrictions on non-compliant stablecoins, potentially triggering taxable conversions. Coinbase will automatically convert balances of 14 stablecoins held by retail customers in the European Economic Area (EEA) on October 30, 2026, as the cryptocurrency exchange moves to comply with the European Union's Markets in Crypto-Assets Regulation (MiCA). The affected …
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Since Wednesday, October 28, buying or selling crypto at an ATM in Spain will always require identification, regardless of the amount, according to Royal Decree 813/2026, published in the BOE on October 8. On Friday 30, Coinbase will convert the balances of USDT and other unauthorised MiCA stablecoins that continue in their [...] The entry Cryptored Cashiers and Coinbase: what changes this week in Spain was first published in Cryptoreport.

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FinanceFeeds broke the news on Monday, October 26, 2026.
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