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news-imageDecember 6, 2024

USDC Becomes First Stablecoin To Gain Compliance With New Canadian Crypto Asset Requirements

Circle announced this week that USDC became the first stablecoin to gain compliance with new Canadian digital asset regulations. Canada's new regulations call for delisting noncompliant stablecoins after December 31st.
Publisher: The Daily Hodl
Sentiment: Positive
USDC

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Positive
cover-imageInvezz
December 11, 2024

Circle and Binance partner to bolster USDC adoption

Circle, the issuer of US dollar pegged stablecoin USDC, and Binance, the world's largest cryptocurrency exchange by user and trading volume, have announced a groundbreaking partnership. The companies revealed the strategic partnership on December 11 at the Abu Dhabi Finance Week.

Positive
cover-imageCoingape
December 11, 2024

Binance & Stablecoin Issuer Circle Partner To Boost USDC Adoption

Crypto exchange behemoth Binance echoed a frenzy across the broader crypto sector on Wednesday, revealing its strategic collaboration with stablecoin giant Circle. Notably, the partnership comes as an endeavor by the firms to expand the adoption of the USDC stablecoin while also jacking up the global digital-asset financial services ecosystem.

Positive
cover-imageCoinPedia
December 11, 2024

Circle and Binance Partner to Expand USDC and Crypto Adoption Globally

Circle Internet Group and Binance, two of the largest players in the crypto world, have announced a strategic partnership aimed at accelerating the global adoption of USDC and other digital assets. This announcement, made during Abu Dhabi Finance Week, signals a major step toward integrating stablecoins into mainstream finance and commerce.

Positive
cover-imageCryptonews
December 11, 2024

Circle and Binance Partner to Boost USDC and Crypto Adoption

Stablecoin provider Circle and crypto exchange Binance have announced a new partnership aimed at expanding the adoption of the dollar-backed stablecoin USDC and digital asset adoption. The post Circle and Binance Partner to Boost USDC and Crypto Adoption appeared first on Cryptonews.

Positive
cover-imageInvezz
December 6, 2024

SUI hits all-time high as Copper adds USDC support

Sui, the layer-1 blockchain platform, has seen its native token's value rise to a new all-time high of $4.40, with gains of over 16% in the past 24 hours. The blockchain network, which has witnessed significant growth across its DeFi, gaming, and real-world assets ecosystems, ranks as the 20th largest cryptocurrency by market.

Positive
cover-imageCoingape
December 4, 2024

Just In: USDC Issuer Circle Gains Regulatory Approval In Canada

USDC issuer Circle has announced that its regulated subsidiary is the first stablecoin issuer to meet the new regulatory requirements set by Canadian authorities. The move allows Circle's U.S. dollar-backed stablecoin, USDC, to remain available on registered crypto asset trading platforms in Canada.

Negative
cover-imageAltcoin Buzz
November 29, 2024

MiCA Ends USDC Yields for European Coinbase Users

The European Union's Markets in Crypto-Assets (MiCA) laws are forcing the exchange to shut down its USDC rewards program. This change affects the European Economic Area (EEA), a group of 30 countries that includes all EU member states, Iceland, Norway, and Liechtenstein.

Negative
cover-imageCrypto Economy
November 29, 2024

Coinbase Ends USDC Rewards in Europe—Is MiCA Killing Crypto Earnings?

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.

Negative
cover-imageCryptoGlobe
November 29, 2024

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.

Negative
cover-imageCoinPedia
November 29, 2024

Coinbase to End USDC Rewards in Europe Amid Regulatory Changes

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.

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