Tether and Coinbase Reduce Operations Ahead of New EU Stablecoin Regulations
In preparation for the impending MiCA regulations, leading crypto firms Tether and Coinbase are scaling back their stablecoin operations in Europe. The December 30 deadline looms as the new regulations impose stricter operational standards and ban stablecoin interest. These adjustments reflect the companies’ commitment to compliance and adaptation within the evolving regulatory landscape. As the cryptocurrency industry grapples with new rules, firms are reassessing their strategies. This proactive approach may help them align better with future requirements and maintain their presence in the competitive European market.
Newsletter
Get Every Weekly Update & Insights
[mc4wp_form id=]