Binance, a leading cryptocurrency exchange, has announced plans to delist nine stablecoins for users in the European Economic Area (EEA) to comply with the European Union's Markets in Crypto-Assets (MiCA) regulations. The affected stablecoins include Tether (USDT), Dai (DAI), First Digital USD (FDUSD), TrueUSD (TUSD), Pax Dollar (USDP), Anchored Euro (AEUR), TerraUSD (UST), TerraClassicUSD (USTC), and PAX Gold (PAXG).

The delisting process will occur in stages:

Margin Trading Pairs Removal: Effective from March 27, 2025, at 07:00 UTC.

Spot Trading Pairs Removal: Effective from March 31, 2025, at 23:59 UTC.

Binance advises users to convert their holdings in these stablecoins to MiCA-compliant assets, such as USD Coin (USDC) and Eurite (EURI), before the respective deadlines to avoid potential disruptions. Deposits and withdrawals for the affected stablecoins will continue to be supported post-delisting; however, they will no longer be available for trading or margin activities.

This action aligns with the MiCA regulation, which came into effect on December 30, 2024, establishing a comprehensive legal framework for crypto-assets within 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 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.

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