Coinbase to End USDC Rewards in Europe Amid Regulatory Changes

Quick Summary:

This change is linked to the upcoming Markets in Crypto-Assets (MiCA) regulations, which aim to create a unified legal framework for digital assets across Europe.

This feature, available in over 100 countries, has been popular among users for providing an easy way to grow their holdings without active trading.

The USDC rewards program will remain unchanged for users outside the EEA.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Users Usdc Stop Regulations European Coinbase Announced Crypto Market Mica Rewards

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 05:28:38 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 297 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23937846

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 25 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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Publisher ID: #112

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