Coinbase to delist some stablecoins in Europe ahead of new regulations

Coinbase to Delist Unauthorized Stablecoins in EU by December

Tether, which is the largest issuer of stablecoins, doesn't have the necessary e-money license yet in the European Union.

Coinbase to delist some stablecoins in Europe ahead of new regulations

(Reuters) - Coinbase will delist certain stablecoins in the European Economic Area by year's end, the cryptocurrency exchange said on Friday, as the industry braces for tougher regulation in the region. The European Union's landmark crypto regulatory framework, known as the Markets in Crypto-Assets (MiCA) regulation, introduced in early 2023, is set to be fully applied by December. It requires issuers of stablecoins - crypto tokens whose mo…

Coinbase to delist non-compliant EU stablecoins under new MiCA regulations

The EU’s MiCA was introduced in June, but won’t take effect until December Coinbase will deliver an update to its EU customers in November on how to switch their stablecoins to EU-compliant ones Circle was the first stablecoin issuer to receive an e-money license under MiCA regulations Crypto exchange Coinbase is to delist stablecoins that […] The post Coinbase to delist non-compliant EU stablecoins under new MiCA regulations appeared first on C…

Coinbase to ban and delist non-EU-regulated stablecoins by the end of 2024

A statement from publicly traded Coinbase announced that the leading exchange was delisting all unauthorized stablecoins from its EU exchange by the end of the year. Tether Holding’s USDT would be among the most affected stablecoins as MiCA preps to implement the new regulations fully.

Coinbase says it will delist all unauthorized stablecoins, like Tether's USDT, from its exchange in the EEA by 2024's end, to comply with the EU's MiCA rules

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Coinbase Will Delist Non-Compliant Stablecoins in Europe as MiCA Deadline Looms

The crypto exchange’s announcement comes as the European Union moves to introduce tighter controls on crypto assets.