CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Defiant 2024-12-12 19:00:03

Coinbase to Restrict European Users from Trading USDT, GUSD, GYEN, DAI, PAX, and PYUSD Starting December 13, 2024

Coinbase is set to restrict European users from trading certain stablecoins that do not comply with the EU's Markets in Crypto-Assets (MiCA) regulations, effective December 13, 2024. The stablecoins affected include Tether's USDT, GUSD, GYEN, DAI, PAX, and PYUSD. Only USDC will remain available for trading on the platform. This decision aligns with the enforcement of the MiCA regulations, which aim to provide a comprehensive regulatory framework for cryptocurrencies in the EU. The move follows increasing scrutiny of meme coin fraud globally, with regulators in the US, EU, and Hong Kong intensifying enforcement actions, including fines and fraud charges against influencers promoting fraudulent projects. High-profile cases, such as Kim Kardashian's $1.26 million penalty, highlight the regulatory priorities in the cryptocurrency space. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约