Coinbase has announced its decision to remove noncompliant stablecoins from its European platform. This move is part of the company’s efforts to comply with the new Markets in Crypto-Assets (MiCA) regulations put forth by the European Union.
The action aims to ensure that the stablecoins listed on Coinbase meet the regulatory standards specified by the EU through MiCA, thereby aligning with the stipulated regulatory framework before the end-of-year deadline.
Coinbase’s plans to delist stablecoins highlight the increasing importance for cryptocurrency exchanges to adhere to international regulations to maintain operational integrity and user trust.
