Coinbase has announced its intention to delist all stablecoins that fail to meet regulatory guidelines by 2024. This move is targeted at the European Economic Area, where there is a push for enhanced oversight and governance in the cryptocurrency markets.
The decision underscores Coinbase’s commitment to adhering to regulatory requirements and ensuring that all stablecoins available on its platform are authorized and compliant. This action is likely a response to increasing scrutiny from regulators and aims to bolster trust and enhance investor protection within the EU market.
