Binance, Crypto.com, Kraken and other cryptocurrency exchanges continue to list Tether's USDt on their European platforms, several weeks ahead of the MiCA deadline on December 30.

Cryptocurrency exchanges in Europe continue to support Tether’s USDt stablecoin, even after Coinbase announced it would be delisting it for European customers to comply with future regulatory requirements.

Major exchanges including Binance, Crypto.com and Kraken have maintained trading support for USDt

USDT

tickers down

0,9525 €

of Tether after the stablecoin was delisted by Coinbase on December 13.

Other platforms such as KuCoin, MEXC and Bitget are also offering this stablecoin to European users, despite the imminent full implementation of the Markets in Crypto-Assets (MiCA) regulation scheduled for December 30.

US-based exchange Coinbase said it has suspended USDT to comply with MiCA.

Have other exchanges delisted USDT in the EU?

Although Coinbase has considered USDT a MiCA-restricted stablecoin since at least October, European authorities have yet to provide a clear statement on whether this should be considered non-compliant with local laws.

Other exchanges operating in Europe have not commented on the issue of delisting USDT, and only a few appear to have delisted the stablecoin.

Asked by Cointelegraph about its past or potential delisting of USDT, OKX said the exchange delisted USDT in March 2024, citing a shift in focus to euro-based trading pairs.

However, on December 17, Cointelegraph learned that OKX and Bitpanda are still offering USDT on their platforms.

“USDT is still available on our platform, but we have prioritized EUR and USDC spot trading pairs for the EEA region. Any announcements regarding potential removals will be made publicly through our official channels,” an OKX spokesperson told Cointelegraph.

Learn more: Crypto: StablR, Tether's new weapon to conquer Europe!

Bitpanda declined to comment on whether the exchange had delisted or planned to delist USDT in the near future.

MiCA Final Deadline Approaching

Stablecoin regulation is part of MiCA’s Phase One stablecoin regime, which has been in effect since June, but the stablecoin framework is expected to come into full force on December 30.

With the deadline approaching, cryptocurrency exchanges in Europe still have time to decide whether or not to delist USDT in the coming weeks.