Coinbase Prepares to Delist Stablecoins Ahead of EU MiCA Rules

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The story "Coinbase Prepares to Delist Stablecoins Ahead of EU MiCA Rules" was covered 13 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto 13h ago

Coinbase Prepares to Delist Stablecoins Ahead of EU MiCA Rules - TheNewsCrypto

Quick Summary:

Cryptocurrency exchange Coinbase Global Inc.has announced plans to delist stablecoins that do not comply with the new requirements across the European Economic Area (EEA) by the end of this year. The European Union’s Markets in Crypto-Assets (MiCA) regulation moves toward full implementation by the end of 2024.

Recently, retail investment platform Robinhood has expanded its cryptocurrency services throughout Europe.

Other exchanges, such as Bitstamp and OKX, have restricted access to Tether’s USDT before the regulations.