🚨 BREAKING: Binance to Delist 9 Stablecoins in Europe to Comply with MiCA Regulations! 🚨
Binance has announced that effective March 31, 2025, it will delist nine stablecoins for users in the European Economic Area (EEA) to comply with the EU’s Markets in Crypto-Assets Regulation (MiCA).
💸 Stablecoins to be Delisted:
🔹 Tether (USDT)
🔹 Dai (DAI)
🔹 First Digital USD (#FUDSD )
🔹 Pax Dollar (#USDP )
🔹 Anchored Euro (#AEUR )
🔹 TerraUSD (ust)
🔹 TerraClassicUSD (USTC)
🔹 PAX Gold (PAXG)
📌 Key Details for Users:
🔹 Spot Trading Pairs Removal: March 31, 2025, at 23:59 UTC
🔹 Margin Trading Pairs Removal: March 27, 2025, at 07:00 UTC
🔹 Users are advised to convert stablecoin holdings to MiCA-compliant assets such as USD Coin (USDC) and Eurite (EURI) before the deadline.
🔹 Deposits & Withdrawals: Binance will continue supporting deposits and withdrawals for affected stablecoins post-delisting, but they will no longer be usable for trading or margin activities.
💡 Why is This Happening?
The MiCA regulation, effective December 30, 2024, establishes a strict legal framework for crypto-assets in the EU, focusing on consumer protection and financial stability. The European Securities and Markets Authority (ESMA) has set March 31, 2025, as the deadline for delisting non-compliant stablecoins.
🔥 Binance's Compliance Strategy:
Binance is actively working to obtain a MiCA license and align its operations with the new EU regulations. Users are strongly encouraged to convert or withdraw non-compliant stablecoins before the deadline to avoid disruptions.
#BinanceDelisting #CryptoRegulation #MiCA #Stablecoins #CryptoNews #Web3 #DeFi #Blockchain #BinanceEurope #DigitalAssets #CryptoCompliance #CryptoUpdates #CryptoTrading
