Coinbase has announced that it will phase out non-compliant stablecoins from its offerings in the European Economic Area by December 30, 2024. This move comes in response to the new Markets in Crypto-Assets (MiCA) regulations set to take effect across the European Union.
The decision particularly affects stablecoins such as USDT, as part of Coinbase's efforts to align with the broader regulatory environment within the EU. This change follows regulatory trends pushing for stricter compliance in the cryptocurrency landscape.
