Effective December 14, Coinbase had delisted Tether (USDT) and five other stablecoins from its platforms in Europe in anticipation of the new MiCA regulations, but will continue supporting USDC and EURC which comply with the upcoming rules.
Coinbase has announced the termination of its USDC Rewards program in response to the upcoming MiCA regulations, aligning with its compliance strategy in the EEA. This decision coincides with significant shifts in the stablecoin landscape, including Tether’s termination of EURT and strategic investments into MiCA-compliant solutions.
President-elect Trump’s media company enters advanced talks to acquire crypto firm Bakkt while scheduling a key meeting with Coinbase CEO Brian Armstrong, marking a significant expansion of his cryptocurrency agenda following his election victory.
Hangzhou-based Nano Labs announces Bitcoin payment acceptance through Coinbase, marking a significant step in cryptocurrency adoption within China’s tech sector, while seeing a 5.6% stock price increase following the announcement.
The Golden State Warriors have named Coinbase as their official cryptocurrency platform partner, marking a bold return to crypto partnerships despite ongoing legal challenges from their previous FTX sponsorship and Coinbase’s current SEC lawsuit.
Coinbase announces plans to delist unauthorized stablecoins in the European Union by December 30, 2024, to comply with MiCA regulations. This move highlights the growing regulatory challenges for stablecoin issuers in the EU market.
Coinbase confronted the SEC in a federal appeals court, urging for new cryptocurrency regulations. The exchange argues current rules are unworkable for the crypto sector, while the SEC maintains existing frameworks are sufficient.
Coinbase, KuCoin, and other major cryptocurrency exchanges are seeking licenses in Turkey, signaling growing interest in the country’s burgeoning crypto market amid new regulatory clarity.
Coinbase expands its cryptocurrency services to Hawaii following regulatory changes, allowing residents access to a full suite of crypto tools including buying, selling, and trading.
A joint report from Coinbase and Glassnode indicates a surge in Ethereum network activity and overall crypto market health despite price consolidation in Q2 2024.
