{"id":144690,"date":"2024-12-13T09:30:50","date_gmt":"2024-12-13T07:30:50","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144690"},"modified":"2024-12-13T01:22:49","modified_gmt":"2024-12-12T23:22:49","slug":"coinbase-plans-to-remove-usdt-ahead-of-eu-crypto-rule-changes","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/coinbase-plans-to-remove-usdt-ahead-of-eu-crypto-rule-changes\/","title":{"rendered":"Coinbase Plans to Remove USDT Ahead of EU Crypto Rule Changes"},"content":{"rendered":"

Coinbase\u2019s European branches, including Coinbase Germany and Coinbase Custody International, will delist six stablecoins, including Tether\u2019s USDT<\/a><\/strong>, on December 13. This move aims to align with MiCA\u2019s requirements, which will fully come into effect by the end of December. However, Coinbase will continue supporting USDC<\/a> <\/strong>and the euro-pegged EURC, reflecting its commitment to regulatory adherence.<\/p>\n

While the delistings target coins like USDT, PAX, PYUSD, GUSD, GYEN, and DAI<\/a><\/strong>, questions remain over the precise regulatory status of USDT. The European Securities and Markets Authority (ESMA) has yet to provide clear guidance, leaving uncertainty over whether USDT fails to meet MiCA\u2019s standards.<\/p>\n

Tether, however, remains confident in its ability to adapt, despite recently halting its euro-backed stablecoin, EURt, due to low demand.<\/p>\n