Coinbase has announced its intention to delist Tether's USDT along with other stablecoins that fail to comply with the European Union's Markets in Crypto-Assets (MiCA) regulations. This regulatory requirement will take effect by December 30, 2024.
The decision underscores Coinbase's commitment to adhering to new EU rules, which necessitate stablecoin issuers to secure an e-money license within EU member states.
This regulatory move aligns with Europe's broader initiative to standardize crypto assets, ensuring stablecoins have greater transparency and security under the MiCA framework.
