Coinbase is requiring retail users in the European Economic Area to withdraw 14 stablecoins and tokens it no longer supports by October 30. This change is due to the EU's Markets in Crypto-Assets (MiCA) regulations, which ended the transitional period for stablecoin issuers on July 1, 2026. Tokens like USDT, PYUSD, and DAI must be moved to external wallets or they will be automatically converted to USDC after the deadline. Additionally, Coinbase Ireland was recently fined €3.25 million for a customer funds shortfall, highlighting regulatory scrutiny in the region.
Coinbase Europe users' stablecoin withdrawal deadline provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Oct 28, 2026 17:31 WIB: 46 of 50 major cryptocurrencies rose today. Notable movers include GRT at Rp413 (+5.87%, 97% Sell), EGLD at Rp61.938 (+5.44%, 100% Buy), and LINK at Rp214.422 (+5.34%, 51% Sell).
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