【Coinbase Suspends USDC Reward Program in Europe Due to MiCA Regulations】
According to reliable sources, Coinbase announced that it will suspend the USDC reward program in the European Economic Area starting December 1, due to new regulatory requirements from the European Market Crypto Asset Act (MiCA). This measure aims to comply with MiCA's requirements for electronic money tokens. Other crypto companies such as Bitstamp and Tether are also making compliance adjustments.