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Only in EU because of the Accessibility Act[1]. Copywrong holders are allowed to disable screen readers elsewhere because that allows them to sell more audiobooks. You will apparently also lose many other features, among them Asian scripts and developer mode.

[1] https://www.kobo.com/kobo-writing-life/blog/our-commitment-t...

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Have you tried the beta? Have you found it to be substantially better?
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I’m not in the EU so I have not, this is based on the technical changes mentioned, and what I’ve heard from people. Feel free to try if you are in the EU: kobo.com/update
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Interesting news! Though I'm on https://koreader.rocks/ like most people here, I suppose.
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