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Coinbase Exits Turkey Plans, Adjusts USDC Rewards Amid MiCA Compliance
Coinbase has withdrawn its pre-application to enter Turkey’s cryptocurrency market, according to a November 29 update from the country’s financial regulator, which listed the company among those requesting liquidation. Separately, Coinbase will discontinue USDC rewards in the European Economic Area (EEA) starting December 1, citing compliance with the MiCA regulation in a November 28 email to customers. QNB Digital Assets, a division of Qatar National Bank in Turkey, also filed for liquidation. Other entities marking closure include Bitget, Finceptor, Koinim, Stanfex, and XYZ Technology. Despite these exits, ... (full story)
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- Posted: Dec 2, 2024 6:52am
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 121
