Coinbase’s move to delist some stablecoins this year could help the company’s bottom line, according to one analyst. The crypto exchange operator said Friday it will delist stablecoins in Europe that are not compliant with requirements of the Markets in Crypto-Assets regulation, the celebrated European Union crypto law that will fully take effect Dec. 30. “As the industry leader in trusted, compliant crypto products and services, we always aim to achieve regulatory compliance and will continue the same with respect to MiCA,” a Coinbase spokesperson said in a statement shared with CNBC. “We will share further details of our plan in November, and will provide options for affected [European Economic Area] customers to switch to stablecoins…
Nov 15 2024
