
Uphold Delists Several Stablecoins Ahead of EU’s Landmark Crypto Regulation
Uphold’s announcement follows similar actions from other popular exchanges, including Binance, Kraken, OKX, and others.
Uphold’s announcement follows similar actions from other popular exchanges, including Binance, Kraken, OKX, and others.
Paxos received the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) to offer USD-backed stablecoins among other crypto services.
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This delisting comes two weeks after global crypto exchange Binance announced its plans to delist USDC.
Soon after Binance’s announcement, BUSD’s daily trading volumes by more than 56% to over $6.5 billion.