PANews
PANews|Oct 27, 2026 15:48
[Coinbase to Automatically Convert 14 Restricted Tokens Held by EEA Retail Users on October 30] According to Crypto Briefing, to comply with the EU's Crypto Asset Market Regulation (MiCA), Coinbase will automatically convert the balances of 14 restricted crypto assets held by EEA retail users on October 30, 2026. The assets involved include USDT, PYUSD, USD1, DAI, PAX, GUSD, GYEN, BUST, UST, RAI, PAXG, MUSD, USDS, and TGBP. These tokens have not yet received the authorization required by MiCA, and Coinbase has suspended trading and buying/selling of them by EEA retail users. Users who wish to retain their original assets must withdraw them to a supported external wallet before the deadline; otherwise, the remaining balance will be converted to USDC or other supported crypto assets or fiat currency at market prices.
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