Crypto Exchange Uphold Ceases Support for Multiple Stablecoins Ahead of MiCA Regulations: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1717417638348-YAKIHONNES3.jpg
Uphold will cease support for several stablecoins ahead of the upcoming Markets in Crypto-Assets (MiCA) regulation governing crypto in Europe.
Antony Welfare, a CBDC advisor at Ripple, shared a notice Tuesday showing Uphold will no longer support stablecoins like DAI, FRAX, GUSD, USDP, TUSD, and USDT. Instead, Uphold will continue to support USDC, EURC, and PYUSD, according to the notice.