deor
@psk
According to Bloomberg, Coinbase Global Inc. will delist all unauthorized stablecoins from its cryptocurrency exchange by the end of the year, potentially dealing a blow to Tether Holdings Ltd.'s USDT and other tokens. The European Union is expected to fully implement new regulatory rules for the cryptocurrency industry, namely the Crypto Asset Market Act (MiCA), by the end of this year. According to MiCA, regulation of stablecoin issuers came into effect on June 30th, requiring them to hold electronic currency authorizations in at least one member country. The guidance for cryptocurrency exchanges and other companies operating in the European Union will take effect from December 31st. @rud
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