Coinbase Ends USDC Rewards in Europe as MiCA Deadline Looms
The crypto exchange will end its USDC yield program for EEA customers on December 1, citing the EU’s upcoming stablecoin regulations.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030
Bitcoin Magazine Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030 Coinbase CEO Brian Armstrong has said...
MiCA cracks down on USDT in Europe... but no one else cares
USDT is disappearing from regulated European platforms, but there is little sign that it has resulted in weakening global demand f...
Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses
Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowes...
SEC faces Aug. 20 deadline to unlock $123 million recovery fund for Terra investors
The US Securities and Exchange Commission (SEC) faces an Aug. 20 deadline to submit a plan for distributing a $123.1 million fund...
Bitcoin Hits $70,000 as Trump Pushes CLARITY Act, Hyperliquid Surges and $1.4 Billion in Shorts Get Wiped Out
By late trading, Bitcoin was changing hands around $69,200, up approximately 7% over 24 hours after starting the session near $64,...
Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed
Bitcoin ran from around $64,100 to nearly $70,000 within hours on Aug. 19, once the US Treasury unexpectedly doubled its planned b...