Coinbase plans to de-list unauthorized stablecoins in the EU by December 30, 2024, as part of its commitment to comply with the MiCA regulations.
The EU's MiCA rules mandate that all stablecoin issuers hold an e-money license within an EU member state to operate in the bloc's 27 nations.
While Circle has secured an Electronic Money Institution license in the EU, Tether, the largest stablecoin issuer, has not yet obtained the necessary licensing.
Coinbase intends to provide options for European users affected by the de-listing, suggesting appropriate stablecoins such as USDC and EURC issued by licensed issuers.
Collection
[
|
...
]