Keep up with what's happening in the crypto world in real-time.
All Filters (1)
TL;DR Coinbase ends its USDC rewards program in Europe due to MiCA regulations, effective December 1, 2024. MiCA's stringent rules classify stablecoins as e-money tokens, imposing significant operational burdens and prohibiting interest on these tokens. Critics argue that MiCA stifles innovation and limits earning opportunities, potentially driving users away from European platforms.
The crypto exchange will end its USDC yield program for EEA customers on December 1, citing the EU's upcoming stablecoin regulations.
The MiCA regulation has not only brought greater regulatory clarity but also a series of disadvantages for USDC holders.
Coinbase will stop rewarding USDC holders in the European Economic Area (EEA) starting December 1st due to an upcoming MiCA regulation.
Coinbase announces the end of its USDC yield offerings on Dec. 1 for customers in the European Economic Area as a result of the region's MiCA stablecoin laws. In a Nov.
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.
Coinbase will end USDC rewards in the EEA on Dec. 1, citing compliance with the EU's new MiCA regulation. The post Coinbase Ends USDC Rewards for Europe-Based Customers in Response to MiCA appeared first on Cryptonews.
Some Coinbase users are airing frustration at the region's MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area.
Coinbase has announced that it will stop offering USDC rewards to users in the European Economic Area (EEA) starting December 1. This change is linked to the upcoming Markets in Crypto-Assets (MiCA) regulations, which aim to create a unified legal framework for digital assets across Europe.
Coinbase USDC earn program will be discontinued for EEA users starting December 1 due to compliance with the EU's upcoming MiCA regulations.
Coinbase will halt rewards for USD Coin (USDC) holders located in the European Economic Area (EEA) on Dec. 1 due to the upcoming Markets in Crypto-Assets (MiCA) regulation, according to an email sent to customers on Nov. 28.
TL;DR Robinhood expands its crypto services by integrating USDC and offering Ethereum staking with promotional rewards. Users can deposit, exchange, and withdraw USDC directly from the platform, facilitating secure and versatile transactions. Ethereum staking includes a limited-time promotion that doubles rewards while maintaining the option to withdraw funds at any time.
Robinhood Crypto EU enhances its platform with the addition of USDC stablecoin, giving European users access to a reliable and regulated digital currency. The post Robinhood Crypto EU Adds USDC Stablecoin to its Offerings appeared first on Cryptonews.
Robinhood users can now send USDC to their accounts, trade it for other cryptocurrencies, or even withdraw it to another wallet. This new feature gives people more flexibility to move their money around quickly and securely.
Robinhood Crypto EU has expanded the options available on its platform, now including Circle's USDC stablecoin to its European customers. The integration allows users to access a regulated digital asset that is dollar-based, expanding Robinhood's product portfolio in the crypto space.
Circle's USDC and CCTP integration with Aptos enhances blockchain interoperability, bridging TradFi and DeFi worlds.
ADA is the top performer from the larger-cap alts today.
Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe's payment services and the stablecoin USDC. Stripe's payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project.
Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos' evolution as a scalable layer-1 blockchain designed for diverse Web3 applications.
TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.
Circle will integrate native USDC and the Cross-Chain Transmission Protocol (CCTP) on the Aptos blockchain.
Aptos integrates Stripe crypto payments and Circles USDC, enhancing cross-chain DeFi solutions and fiat on-ramps for global transactions. The post Stripe and Circle's USDC integrate into Aptos ecosystem appeared first on Crypto Briefing.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Aptos Foundation announced that Circle's USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.
