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Coinbase to Delist Non-Compliant Stablecoins in Europe

  • Coinbase will delist non-compliant stablecoins in Europe as part of new EU regulations.
  • The move is in response to the EU's new rules under MiCA, which require e-money authorization for stablecoin issuers.
  • Coinbase plans to comply with the regulations and restrict services to EEA users for stablecoins that don't meet MiCA requirements by December 30, 2024.
  • Coinbase will offer users options to convert non-compliant stablecoins into compliant ones, such as USDC.

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