Coinbase Makes A Major Decision For Europe
14h05 ▪
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min read ▪ by
The largest American crypto exchange platform, Coinbase, announces the termination of its USDC Rewards program for users in the European Economic Area (EEA). This decision comes in the context of compliance with the new European MiCA (Markets in Crypto-Assets) regulation.
The news was conveyed via an official communication from Coinbase to its European users, as revealed by Marina Markezic on social media X. The American platform is thus forced to suspend its USDC staking program, which allowed stablecoin holders to generate passive returns.
This decision is part…
