Coinbase may remove the stablecoin Tether from the platform in case of changes in cryptocurrency regulation in the USA, said the CEO of the exchange, Brian Armstrong. He noted that new laws may require reserves to be stored in treasury bonds and regular audits. Coinbase has already removed Tether from the European platform due to non-compliance with MiCA standards. Tether's main business is focused on emerging markets, and the company plans to move its headquarters to El Salvador.
1/22/2025 12:23:27 PM (GMT+1)
Coinbase may remove Tether from the platform in case of changes in cryptocurrency regulation in the USA 🇺🇸 if new laws require reserves to be stored in treasury bonds, said CEO Brian Armstrong 💰
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