Latest News

The company is preparing to become compliant with the European MiCA to avoid delisting.

Bitcoin poised for gains as metrics and liquidity signal potential bullish trend.

Stablecoin issuer Tether is celebrating its 10th anniversary along with the success of its flagship product, USDT.

Coinbase is preparing to delist stablecoins that don't adhere to European regulations by year's end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union's Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies.

Coinbase has announced plans to delist Tether's USDT and other stablecoins that do not comply with the European Union's Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase's efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state.

Coinbase reportedly plans to cut support for certain stablecoins in the European Union (EU) by the end of the year. A spokesperson for the crypto exchange tells Bloomberg the exchange will delist stablecoins in Europe that don't comply with the EU's Markets in Crypto-Assets Regulation (MiCA).

to the MiCA regulation by the end of December 2024. This decision is part of the company's compliance with the new regulatory requirements of the European Union for the digital asset sector.

Tether is preparing to launch a new technology specifically for the European market. This strategic move comes in response to changing regulatory frameworks in the region, especially as MiCA (Markets in Crypto Assets) regulations come into full effect.

The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure.

Tether's new tech solution may influence stablecoin compliance strategies, impacting regulatory adaptation and market dynamics in Europe. The post Tether to unveil new tech solution for European market amid Coinbase delisting rumors appeared first on Crypto Briefing.

Coinbase, a leading US cryptocurrency exchange, is set to delist all non-compliant stablecoins from its European platform by the end of 2024. The move comes as the European Union's Markets in Crypto-Assets (MiCA) regulation, which enforces stringent standards on stablecoin issuers, takes full effect in December.

TL;DR Coinbase will delist all unauthorized stablecoins in the European Economic Area by December 30, 2024. Regulation of stablecoins under MiCA requires authorization as an electronic currency in at least one member state. Coinbase will offer options for users to convert their stablecoins to compliant versions, such as Circle's USDC. Coinbase Global Inc.

While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.

Coinbase plans to remove all non-compliant stablecoins from its platform in the European Economic Area (EEA) by the end of the year. This move aligns with the company's efforts to adhere to the European Union's upcoming Markets in Crypto-Assets (MiCA) regulations.

As regulatory conditions tighten in the region, Coinbase will delist all non-compliant stablecoins in the European Economic Area (EEA) by the end of the year.

Coinbase Global has shocked the cryptocurrency world with its recent announcement. The popular exchange plans to delist all unauthorized stablecoins in the European Economic Area (EEA) by the end of the year. This decision could deal a significant blow to major tokens like Tether Holdings Ltd's USDT, which is the largest stablecoin in the world.

The crypto universe never lacks surprises. As USDT begins to waver, an opportunity arises for altcoins, those alternative assets that often wait for their moment of glory.

An analyst has identified a bearish pattern on the USDT dominance chart which now signals an impending rally for the altcoin market

Tether's USDT has become a fundamental part of the financial landscape, not only within the cryptocurrency market but also in the broader global economy. Paolo Ardoino, CEO of Tether, shared insights in a recent interview about how USDT serves as a financial lifeline in countries facing inflation and weak financial systems.

Justin Sun's team dumped 5.37 million EIGEN tokens for $21.66 million USDT merely twenty-four hours after it was launched. These tokens, which Sun received in an airdrop, were sold at an average price of $4.03 each, according to on-chain data.

Tether's USDT has become the most used digital dollar globally, particularly in economically unstable countries like Argentina and Turkey.

Paolo Ardoino, CEO of Tether, discusses USDT's role as a stable and accessible financial tool in volatile economies.

Ardoino says there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.

By merging CEX and DEX trading in one competition, Bybit seeks to foster adoption in ways previously unimaginable.