Coinbase to remove USDT from Europe amid new EU regulations

Coinbase has announced plans to remove USDT Tether and other stablecoins that do not comply with the European Union’s Markets in Crypto-Active (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which requires stablecoin issuers to obtain an electronic money license in an EU member state. (…)