Coinbase to Delist USDT Amid EU’s Upcoming MiCA Regulation Changes 🇪🇺
Coinbase Global Inc. is preparing to delist unauthorized stablecoins, as reported by Bloomberg on October 4. The delisting is expected to affect tokens like Tether Holdings Ltd’s USDT. This strategic move is in response to upcoming changes in the European Union's MiCA regulation, highlighting the impact regulatory shifts may have on cryptocurrency exchanges.
The MiCA (Markets in Crypto-Assets) regulation aims to create a consistent regulatory framework within the EU for cryptocurrencies, including stablecoins. Coinbase’s proactive approach reflects the increasing importance of regulatory compliance in the rapidly evolving crypto landscape.
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