Coinbase to halt USDC earn program on MiCA compliant regionsThe exchange mentions the new requirements for e-money tokens as the reason behind the USDC-related service shutdown.
Happy Friday!Coinbase is making headlines today as it prepares to halt its USDC earn program for users in the European Economic Area (EEA) starting December 1, citing new regulatory requirements under the Markets in Crypto-Assets (MiCA) framework. This move reflects a broader trend of compliance reshaping the crypto landscape in Europe. In other news, Ethereum co-founder Jeffrey Wilcke has transferred a staggering $72 million in ETH to Kraken, raising eyebrows due to past market reactions following similar moves. Additionally, the political landscape is shifting as Donald Trump's recent electoral victory signals a potential increase in U.S. influence over Bitcoin, suggesting a new era for the cryptocurrency market in America. Stay tuned for more insights on these pivotal developments. LATEST SLATECAST 🎙️ Exploring decentralized AI and artistic innovation with Dimitri de Jong of 204.ai 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.42 trillion, with a 24-hour volume of $155.96 billion. The price of Bitcoin is $98,219.23, and BTC market dominance is 57.0%. The price of Ethereum is $3,625.17, and ETH market dominance is 12.8%. The Crypto Fear & Greed Index is currently Greed (78). 📰 Top News
Coinbase to halt USDC earn program on MiCA compliant regionsThe exchange mentions the new requirements for e-money tokens as the reason behind the USDC-related service shutdown. Ethereum co-founder moves $72 million in ETH to KrakenThe last time Jeffrey Wilcke deposited ETH to an exchange, the crypto price suffered a 7% monthly correction. US influence over Bitcoin grows with Trump victoryTrump's election win signals new era for US bitcoin market power.
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