Coinbase to Delist Non-Compliant EU Stablecoins

🚫 Stablecoins on shaky ground

By Coinbidex
Oct 17, 2024, 4:26 PM
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Coinbase, a major cryptocurrency exchange, is set to delist stablecoins that don't meet new EU regulations under MiCA (Markets in Crypto-Assets).​ This move follows similar actions by other exchanges like Binance.​

Key points:

  • Delisting to occur by June 2024
  • Affects stablecoins not compliant with MiCA standards
  • Part of broader industry adjustments to EU crypto regulations

This development highlights the growing influence of regulatory frameworks on the cryptocurrency market.​ Users in the EU may need to adapt to a changing landscape of available stablecoins.​

What's next? Keep an eye on announcements from Coinbase and other exchanges regarding specific stablecoins affected by this change.​

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