Coinbase has just notified its European users of the following:
"Starting December 13, 2024, Coinbase will restrict services for USDT, PAX, PYUSD, GUSD, GYEN, and DAI for retail customers in Europe under MiCA regulations. Affected users can:
- Sell or convert these assets to USDC or EURC (which are MiCA-compliant).
- Transfer the restricted stablecoins to self-custody wallets before the deadline.
After this date, trading, custody, and receiving these assets on Coinbase will be unavailable. The platform may reintroduce services for compliant stablecoins in the future."
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