Crypto.com Delists Major Tokens Including USDT and WBTC in Europe: Impact of MiCA Regulations

In a recent announcement, COINOTAG News reported on January 29 that due to the implementation of the MiCA regulatory policy, Crypto.com is set to delist several digital assets in Europe. This decision affects popular cryptocurrencies including USDT, WBTC, DAI, Pax dollar (PAX), Pax gold (PAXG), PayPal USD, Crypto.com Staked ETH (CDCETH), Crypto.com Staked SOL (CDCSOL), Liquid CRO (LCRO), and XSGD. The exchange will disable the deposit functionality for these assets as of January 31. However, users will still be able to withdraw their holdings until the end of the first quarter of 2025. This strategic move emphasizes Crypto.com’s commitment to complying with evolving regulatory frameworks while safeguarding user assets.