Coinbase set to delist non-compliant stablecoins by December in line with European laws, USDT could be at risk

Coinbase plans to end support for stablecoins that don't comply with EU Markets in Crypto Assets regulations, starting on December 30. Users in the European Economic Area can convert their assets into compliant stablecoins, including Circle's USDC. Other exchanges have also cut support for stablecoins.