Coinbase Sets October 30 Deadline for 14 Stablecoins Under MiCA Rules

Coinbase will automatically convert remaining balances of 14 restricted crypto assets held by retail customers across the European Economic Area (EEA) on October 30, 2026. The move follows the exchange’s efforts to comply with the European Union’s Markets in Crypto-Assets 

Under the Markets in Crypto-Assets Regulation (MiCA), affected assets include USDT, PYUSD, DAI, PAXG, USD1, and GUSD. Customers who want to retain these holdings must withdraw them to supported external wallets before the deadline.

Coinbase Sets Deadline for Withdrawals

Coinbase has already restricted buying, selling, and converting the affected assets. Consequently, withdrawals remain the only available option for customers who wish to keep holding them. 

Besides, the exchange warns that deposits arriving after October 30 will not receive account credit. Recovery may be possible through its un…

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