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December 2, 2024

Coinbase Exits Turkey and Adjusts USDC Rewards Amid Regulatory Changes

Coinbase has officially stepped back from its operations in Turkey. This decision comes as the Turkish crypto regulatory authority unveils that 14 companies, including QNB Digital Assets, have filed for liquidation. Meanwhile, Coinbase is modifying its USDC rewards structure to align with the new framework of regulations in Europe, specifically the MiCA compliance. Staying ahead of regulatory shifts is crucial for crypto investors. Understanding these developments can help position portfolios more strategically in the evolving landscape.

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