Neighbors neighbor
--
Ban on Using USDT and USDC in Poland(Possibly Coming Soon for Other EEA Users). What Does It Mean for Binance Traders?
Binance has announced important changes for users in Poland. Starting from May 16, 2025, it will no longer be possible to use USDT and USDC in futures contracts, margin trading, loans, or Dual Investment products.
“Dear Binance User,
As part of our ongoing efforts to comply with local regulatory requirements, we are making changes to the availability of certain products in Poland.
Futures, Dual Investment, Stablecoin Loans, and Margin products involving stablecoins will be restricted in your region as of May 16, 2025.
If you are not currently using these products, you simply won’t be able to open new positions based on stablecoins.”
What’s changing?
From May 16, Polish users will no longer be able to:
• open new USDⓈ-Margined Futures positions settled in USDT/USDC,
• subscribe to new Dual Investment offers involving stablecoins,
• take out loans or use USDT/USDC as collateral,
• trade on Margin using USDT or USDC.
Coin-Margined contracts (e.g., BTC-Margined) will remain available.
What does it mean for traders?
1. New collateral strategies – users will have to rely on cryptocurrencies (e.g., BTC, ETH)
2. Limited instruments – only crypto-margined contracts will be accessible.
3. Higher volatility risk – the lack of stable assets may lead to greater exposure to price fluctuations and liquidation.
Will Binance Force-Close Positions?
No. If you already have open positions using USDT/USDC, Binance will not forcibly close them. However, you won’t be able to open new ones after May 16.
Why is Binance implementing this?
These changes likely relate to new EU regulations, especially MiCA (Markets in Crypto-Assets), which define how stablecoins can be issued and used. Binance is aligning its services with local compliance standards.
If you found this update helpful, leave a like, drop a comment, and follow for more crypto insights. Thanks for the support!
#USDT #USDC #Binance
Binance has announced important changes for users in Poland. Starting from May 16, 2025, it will no longer be possible to use USDT and USDC in futures contracts, margin trading, loans, or Dual Investment products.
“Dear Binance User,
As part of our ongoing efforts to comply with local regulatory requirements, we are making changes to the availability of certain products in Poland.
Futures, Dual Investment, Stablecoin Loans, and Margin products involving stablecoins will be restricted in your region as of May 16, 2025.
If you are not currently using these products, you simply won’t be able to open new positions based on stablecoins.”
What’s changing?
From May 16, Polish users will no longer be able to:
• open new USDⓈ-Margined Futures positions settled in USDT/USDC,
• subscribe to new Dual Investment offers involving stablecoins,
• take out loans or use USDT/USDC as collateral,
• trade on Margin using USDT or USDC.
Coin-Margined contracts (e.g., BTC-Margined) will remain available.
What does it mean for traders?
1. New collateral strategies – users will have to rely on cryptocurrencies (e.g., BTC, ETH)
2. Limited instruments – only crypto-margined contracts will be accessible.
3. Higher volatility risk – the lack of stable assets may lead to greater exposure to price fluctuations and liquidation.
Will Binance Force-Close Positions?
No. If you already have open positions using USDT/USDC, Binance will not forcibly close them. However, you won’t be able to open new ones after May 16.
Why is Binance implementing this?
These changes likely relate to new EU regulations, especially MiCA (Markets in Crypto-Assets), which define how stablecoins can be issued and used. Binance is aligning its services with local compliance standards.
If you found this update helpful, leave a like, drop a comment, and follow for more crypto insights. Thanks for the support!
#USDT #USDC #Binance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
29
0