Coinbase suspends European USDC rewards program due to MiCA regulations
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2024-11-29 07:02:01 4,798
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Golden Finance reported that Coinbase announced that due to the new regulatory requirements of the European Market Crypto Assets Act (MiCA), it will stop the USDC reward program in the European Economic Area from December 1. This measure is intended to comply with MiCA’s requirements for electronic currency tokens. Other crypto companies such as Bitstamp and Tether are also making compliance changes.