Coinbase to Convert or Restrict 14 Restricted Tokens for European Users
Current overview (not historical)
Coinbase will automatically convert or restrict holdings of 14 limited cryptocurrency tokens for European customers starting October 30, including Tether's USDT, PayPal's PYUSD, and World Liberty Financial's USD1. Affected users in the European Economic Area must withdraw or convert balances to USDC or other supported assets before the deadline, as the transition period for stablecoin issuers expires on July 1, 2026, with no extension. Coinbase warns that USDT deposits made after the deadline may not be recoverable.
Written with AI from the reporting · updated 10/27/2026
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- 1Unclassified fact stationOct 30, 00:00recorded Oct 27, 19:41single sourcerevised
Coinbase自动转换14种受限加密代币
Read original source ↗ CryptoSlateReplay this moment in the explorerEvidence & revisions · 1 source records
- Subject：
- Coinbase
- Action：
- 自动转换
- Object：
- 受限加密代币
- Occurred (fact side)：
- Oct 30, 00:00
- Published (valid side)：
- Oct 27, 19:20
- First seen (known side)：
- Oct 27, 19:41
Fact stationSingle source · one-sided claimRevisedCopy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.
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- CryptoSlateSelectedRelated fact: single sourceSource report revisedCoinbase to automatically convert restricted tokens for European users ahead of MiCA deadline
Report first recorded Oct 27, 19:41
Coinbase will automatically convert or restrict 14 crypto tokens held by European customers by Oct. 30, citing the EU's MiCA regulation. Affected assets include USDT, PYUSD, USD1, DAI, PAX, GUSD, GYEN, BUST, UST, RAI, PAXG, MUSD, USDS and TGBP. Users must withdraw holdings or accept conversion to USDC or other supported assets. Coinbase attributes the move to the expiration of the transitional period for stablecoin issuers under MiCA on July 1, 2026.
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- 6Oct 28, 14:00
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