Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. Tether has yet to secure this license, prompting the delisting. Coinbase will provide options for users to convert their holdings to compliant stablecoins like Circle’s USDC.
Coinbase to Delist USDT in Europe Amid New EU Regulations
This article was published more than a year ago. Some information may no longer be current.
WRITTEN BY
SHARE
About the author
WRITTEN BYBitcoin.com News DeskEditorial Desk Reporter
The Bitcoin.com News Desk publishes timely reporting on market developments, protocol updates, regulatory changes, and industry announcements across the cryptocurrency sector.
