EU’s MiCA Forces Coinbase to End USDC Yield Program

Coinbase users have expressed frustration after the platform announced that it would discontinue offering yields on USD Coin (USDC) due to new European Union Markets in Crypto-Assets (MiCA) regulations. On November 28, Coinbase informed users via email that it would halt its USDC yield offering on December 1, 2024, due to MiCa regulations on stablecoins. “Users eligible to earn USDC rewards... source: https://news.shib.io/2024/11/29/eus-mica-forces-coinbase-to-end-usdc-yield-program/?utm_source=rss&utm_medium=rss&utm_campaign=eus-mica-forces-coinbase-to-end-usdc-yield-program