Coinbase Is Ending USDC Yield in Europe Due to EU’s Crypto Regulatory Framework Coming Into Full Effect

Coinbase users in Europe have expressed frustration over the region’s evolving crypto regulations after the exchange announced it would discontinue its yield program for the stablecoin USD Coin (USDC). The decision, communicated via email to affected users on November 28, is attributed to the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. The USDC rewards