Coinbase to Delist Non-Compliant EU Stablecoins
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.