Currency base for automatic conversion of 14 restricted crypto assets for EEA users on October 30 According to previously announced currency bases on MiCA compliance measures, retail users in the European Economic Area (EEA) must withdraw 14 restricted crypto assets, including USDT, PYUSD, USD1, DAI and PAXG, before October 30. On that date, Currency Base will automatically convert remaining balances into USDC or other supported assets or currencies at prevailing market rates. Trading and conversions of these assets have already been restricted. Coinbase has warned that deposits received after the deadline will not be credited to user accounts or included in the automatic conversion process, and recovery cannot be guaranteed. The restrictions affect, among others, assets issued by Trump-linked Kesha, PayPal and World Liberty Financial. - Link.

Currency base for automatic conversion of 14 restricted crypto assets for EEA users on October 30 According to previously announced currency bases on MiCA compliance measures, retail users in the European Economic Area (EEA) must withdraw 14 restricted crypto assets, including USDT, PYUSD, USD1, DAI and PAXG, before October 30. On that date, Currency Base will automatically convert remaining balances into USDC or other supported assets or currencies at prevailing market rates. Trading and conversions of these assets have already been restricted. Coinbase has warned that deposits received after the deadline will not be credited to user accounts or included in the automatic conversion process, and recovery cannot be guaranteed. The restrictions affect, among others, assets issued by Trump-linked Kesha, PayPal and World Liberty Financial. - Link.