Crypto.com delists PayPal PYUSD, Tether USDT in Europe | PaymentsSource

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Tiffany Hagler-Geard/Bloomberg

The Crypto.com exchange has suspended purchases of several cryptocurrencies in the European Union as it works to follow stricter regulations for digital assets.

The delisted currencies include Tether’s USDT, PayPal USD, Wrapped Bitcoin (WBTC), Dai (DAI), Pax Dollar (PAX), Pax Gold (PAXG), PayPal USD (PYUSD), Crypto.com Staked ETH (CDCETH), Crypto.com Staked SOL (CDCSOL), Liquid CRO (LCRO) and XSGD. Purchases were halted today, with deposits expected to be discontinued in the next few days. Withdrawals will be available until March 31, the scheduled date for the delisting.

The EU recently passed the Markets in Crypto-Assets Regulation, or MiCA, which creates standard rules for crypto assets covering…

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