Coinbase Ends USDC Earn Program in Europe Due to MiCA Regulations
Coinbase has decided to terminate its USDC earn program for holders in the European Economic Area (EEA) effective December 1st. This decision comes as a direct result of new regulations under the Markets in Crypto-Assets (MiCA) framework. The regulatory environment in Europe continues to evolve, impacting how cryptocurrency exchanges operate. Coinbase is proactively adjusting its services to remain compliant. As regulations tighten, users must stay informed about changes that could affect their investments and rewards. This scenario underscores the importance of compliance in the rapidly growing crypto landscape.
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