Summary of Coinbase to delist noncompliant stablecoins under EU MiCA rules

Summary of Coinbase to delist noncompliant stablecoins under EU MiCA rules
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/01925788-846b-7d25-be26-a100eb259f6b

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quoting nevent1q…e76z

Coinbase to delist noncompliant stablecoins under EU MiCA rules
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/01925788-846b-7d25-be26-a100eb259f6b

Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations.

https://cointelegraph.com/news/coinbase-delist-non-compliant-stablecoins-mica

Coinbase will restrict the provision of services to EEA users in connection with stablecoins that do not meet the MiCA requirements by December 30, 2024. Users in the EEA will be offered conversion options to compliant stablecoins, such as Circle's USD Coin (USDC), in the coming months.