Coinbase users in Europe are expressing frustration as the exchange plans to end its USDC yield offering due to the EU's MiCA regulations. The change, effective Dec. 1, impacts customers in the European Economic Area. Users can still earn rewards until Nov. 30. The MiCA laws, effective since June 2023, impose strict rules on crypto firms, including a ban on stablecoin interest. Meanwhile, Tether is dropping its euro-pegged token, citing regulatory challenges, while Schuman Financial plans to launch a new euro-pegged stablecoin soon. Coinbase has been contacted for further comments.