Coinbase suspends European USDC rewards program due to MiCA regulations
2024-11-28 22:34:19
Coinbase has announced that it will stop its USDC rewards program in the European Economic Area as of December 1 due to new regulatory requirements under the European Markets Cryptoassets Act (MiCA). This measure is designed to comply with MiCA's requirements for electronic currency tokens. Other crypto companies such as Bitstamp and Tether are also making compliance adjustments.
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