🚀 Coinbase is shaking things up in Europe! By the end of 2024, noncompliant stablecoins will face the axe, but the fate of Tether’s USDt remains a cliffhanger.

🔍 The European Union’s MiCA regulation is the new sheriff in town, and Coinbase is playing by the rules, offering compliant options like USD Coin (USDC).

🤔 Meanwhile, the European Securities and Markets Authority (ESMA) is keeping mum on Tether’s compliance status.

💡 Tether’s CEO hints at tech solutions for Europe, but the MiCA reserve requirements are a thorn in their side. Stay tuned for more crypto drama!