🚨 Coinbase has announced they will delist USDT (Tether) by the end of this year due to non-compliance with MiCA regulations. This could be a turning point for the entire stablecoin market, as other exchanges may follow suit unless Tether meets regulatory standards. This shift could also open the door for more compliant stablecoins to take the stage, especially with potential U.S. stablecoin regulations on the horizon. Big changes coming to the crypto space!
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00:00Coinbase has just announced that they are going to delist USDT or Tether at the end of this year because they do not meet the micro-regulations.
00:10I think that you're going to see that across all exchanges at some point unless they can actually become compliant and transparent in the way that they transact their business.
00:18And this is going to open the door for other stablecoins to move into the market, especially if we see stablecoin regulations move in here at the end of the year in the US.