Coinbase Halts USDC Rewards for EEA Residents

Reading Time: 2 minutesCoinbase has announced the discontinuation of its USDC Rewards program for customers in the EEA region, citing new MiCA regulations The program will officially end on December 1, with the final rewards payout expected in early December Other stablecoin issuers, like Tether, have also made adjustments to comply with MiCA's stringent requirements for cryptocurrencies Coinbase has informed its European Economic Area (EEA) customers that the USDC Rewards program will cease due to compliance with the European Union's new Markets in Crypto-Assets (MiCA) regulation.

Nov 30, 2024 - 05:20
Coinbase Halts USDC Rewards for EEA Residents
StablecoinReading Time: 2 minutesCoinbase has announced the discontinuation of its USDC Rewards program for customers in the EEA region, citing new MiCA regulations The program will officially end on December 1, with the final rewards payout expected in early December Other stablecoin issuers, like Tether, have also made adjustments to comply with MiCA's stringent requirements for cryptocurrencies Coinbase has informed its European Economic Area (EEA) customers that the USDC Rewards program will cease due to compliance with the European Union's new Markets in Crypto-Assets (MiCA) regulation.

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