Coinbase to convert 14 restricted crypto assets for EEA users on October 30

Coinbase has set a firm date for European users still holding certain tokens. On October 30, 2026, the exchange will automatically convert remaining balances in 14 restricted crypto assets held by retail customers in the European Economic Area. The list includes some familiar names: USDT, PYUSD and DAI. If you hold any of them on Coinbase in the EEA and do nothing, the decision about what you end up holding gets made for you. What Coinbase is doing and when The move is part of Coinbase’s compliance with the EU’s Markets in Crypto-Assets regulation, better known as MiCA. Leftover balances in the affected assets will be swapped into USDC or another supported crypto asset or currency, at market rates. The full roster of restricted assets runs to 14 tickers: USDT, PYUSD, USD1, DAI, PAX, GUSD, GYEN, BUST, UST, RAI, PAXG, MUSD, USDS and TGBP. The stablecoins and tokens on the list have not received the authorizations MiCA requires. Without that regulatory sign-off, Coinbase cannot keep offering them to EEA retail users. Much of the platform functionality is already gone. Trading, buying and selling of the 14 assets has been switched off for EEA retail customers, leaving withdrawals to ex...