Coinbase Delists Unlicensed Stablecoins to Comply with MiCA Regulations 🇪🇺
Coinbase has announced plans to delist stablecoins that do not possess the necessary licenses by December 30, 2024. This move is in response to regulatory requirements outlined by the Markets in Crypto-Assets (MiCA) regulations.
The MiCA regulations mandate that stablecoins must be licensed within European Union countries to operate without restrictions. Coinbase's decision aligns with the need to adhere to these regional legal frameworks.
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