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Tether’s USDT at risk
Tether’s USDT at risk as Coinbase set to delist MiCA non-compliant stablecoins
Coinbase, a leading US cryptocurrency exchange, is set to delist all non-compliant stablecoins from its European platform by the end of 2024. The move comes as the European Union’s Markets in Crypto-Assets (MiCA) regulation,
Coinbase To Stop Supporting Non-Compliant Stablecoins in EU by the End of 2024, Including Possibly USDT: Report
Coinbase reportedly plans to cut support for certain stablecoins in the European Union (EU) by the end of the year.
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 set to delist non-compliant stablecoins by December in line with European laws, USDT could be at risk
Coinbase announced plans on Friday to delist stablecoins that are non-compliant with the European Union's MiCA laws beginning from December 30, per Bloomberg's report. Coinbase has proposed to end support for stablecoins that do not comply with the EU's Markets in Crypto Assets (MiCA) regulations.
Coinbase to delist noncompliant stablecoins under EU MiCA rules
Coinbase to Delist Non-Compliant Stablecoins in EU in December
Coinbase Global Inc. will delist all unauthorized stablecoins from its crypto exchange in the European Economic Area by year-end, a potential blow for tokens like Tether Holdings Ltd.’s USDT.
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