đš Important Update: Binance to Delist USDT & Non-Compliant Stablecoins for EEA Users
#Binance has announced the delisting of several #stablecoins, including
#USDTđ„đ„đ„ , for European Economic Area (EEA) residents due to #MiCA regulations. Effective March 31, trading pairs for non-compliant stablecoins will be removed. Hereâs what you need to know:
đ Affected Stablecoins:
USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, PAXG.
đ Immediate Action Required:
EEA users are urged to convert holdings to compliant alternatives like USDC, EURI, or EUR** via Binance Convert before March 31. Post-deadline, conversions will only be available through this feature.
đ
Key Deadlines:
- March 31, 2024: Trading bot services for non-compliant pairs end.
- April 1, 2025: Transition all Simple Earn, Loans, Dual Investment holdings to compliant stablecoins.
âčïž Important Notes:
- Deposits/Withdrawals of non-MiCA stablecoins remain unaffected.
- This aligns with moves by Coinbase and Crypto.com to comply with evolving regulations.
đĄ Pro Tip: Stay ahead of regulatory changes! Convert your assets early to avoid disruptions and explore compliant alternatives like
#USDC .
đ Stay Informed: Follow Binance for updates and visit their official blog for detailed guidelines.
#CryptoNews
#RegulatoryCompliance #CryptoEurope #StablecoinUpdate
đ Act Now â Secure your portfolio and adapt to MiCA standards today! đ