❗ 💵❗Binance has announced that it will stop supporting 9️⃣ stablecoins🪙 in the European Economic Area (EEA) as of March 3️⃣1️⃣, 2️⃣0️⃣2️⃣5️⃣, to comply with the MiCA regulations.

In particular, spot trading pairs with stablecoins will be removed:👀🔍

#USDT

#DAI

✅#TUSD

#USDP

✅ #FDUSD

✅#AEUR

#UST

#USTC

✅#PAXG

After this date, users from the EEA will not be able to use these stablecoins for any products and services on the Binance platform, except for storage, deposits, withdrawals, and conversion. The company recommends that these assets be converted to MiCA-compliant stablecoins such as ✅USDC or ✅EURI or ✅withdrawn into fiat currency.

The decision follows a recommendation from the European Securities and Markets Authority (ESMA), which said in January that crypto assets that do not comply with MiCA should be removed from the market by March 3️⃣1️⃣, 2️⃣0️⃣2️⃣5️⃣.❗

$BTC

$ETH