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TechFlow news, on January 22, Coinbase CEO Brian Armstrong said in an interview with The Wall Street Journal at the World Economic Forum in Davos that if required by new U.S. regulations, Coinbase would delist USDT from its U.S. trading platform.
As the world's most traded stablecoin, USDT is facing intense regulatory scrutiny, primarily due to its use by criminal organizations, sanctions evaders, and terrorist groups for global fund transfers.
Coinbase CEO Brian Armstrong said in an interview with The Wall Street Journal at the World Economic Forum in Davos that Coinbase would delist USDT from its U.S. trading platform if required by new U.S. regulations. As the world's most traded stablecoin, USDT is facing intense regulatory scrutiny, primarily due to its use by criminal organizations, sanctions evaders, and terrorist groups for moving funds globally.
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