Coinbase plans to delist all non-compliant stablecoins in the European Economic Area by the end of 2024, aligning with the European Union's upcoming Markets in Crypto-Assets (MiCA) regulations. MiCA, which introduces a regulated framework for digital assets, mandates stablecoin issuers to obtain e-money authorization in at least one EU country and imposes strict rules on Crypto-Asset Service Providers (CASPs). Coinbase will provide users with conversion options to MiCA-compliant stablecoins like USDC and EURC, as it designates Ireland as its hub for MiCA compliance. This move could impact major stablecoins like Tether's USDT, echoing similar delisting actions by other exchanges, including Binance and Bitstamp. Source: Crypto Slate