Coinbase prepares to delist Tether’s USDT stablecoin in Europe 📉

Coinbase has announced its decision to delist Tether's USDT stablecoin in Europe. This step is part of the company's strategy to ensure compliance with the European Union's Markets in Crypto-Assets (MiCA) regulations. Coinbase has stated it will consider reenabling services for stablecoins that meet MiCA compliance requirements in the future. This move highlights the growing impact of regulatory frameworks on cryptocurrency exchanges and their operations within different jurisdictions. The delisting decision aims to align Coinbase's offerings with regulatory standards imposed by MiCA, thus ensuring a more compliant and secure trading environment for European customers.