Starting from December 13, 2024, Coinbase will remove stablecoins USDT, PAX, PYUSD, GUSD, GYEN, and DAI from European platforms to comply with MiCA regulations. Users are offered to convert their assets into USDC or EURC, which remain available. Coinbase plans to review the possibility of returning the removed stablecoins if they meet MiCA requirements. Tether, in turn, is working on adapting its assets for the European market.
12/13/2024 12:25:59 PM (GMT+1)
Coinbase announced the removal of stablecoins Tether USD, Pax Dollar, PayPal USD, Gemini Dollar, GYEN, and Dai from European platforms starting December 13, 2024, due to new MiCA requirements 🚫
275
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
European regulators are investigating OKX's involvement in laundering $100 million from the hacked funds of Bybit, considering a potential violation of MiCA standards for cryptocurrency services
1inch recovers $5 million stolen after an attack on the old version of the Fusion v1 smart contract, the hacker returned the funds by agreement with the platform
The IMF demands that El Salvador stop purchasing Bitcoin by the government sector as part of a $1.4 billion agreement to reduce financial risks and regulate cryptocurrency
Binance launches a voting mechanism for the listing and delisting of tokens, providing users with more control and supporting new promising projects
The Cardano Foundation enters into a strategic partnership with SERPRO to implement blockchain technologies in Brazil's public sector and train 8,000 employees
President Trump signed an order to create the Strategic Bitcoin Reserve and the National Digital Asset Reserve to strengthen the U.S. position in managing cryptocurrencies
The Indian district of Dantewada digitized 700,000 land records, securing them using the Avalanche blockchain to enhance transparency and prevent forgery
