Binance will remove Tether (USDT) and other stablecoins to comply with European regulations
Binance, the largest centralized cryptocurrency exchange in the world, will remove nine stablecoins for users in the European Economic Area (EEA), including tokens issued by Tether, as they do not comply with the European Union's Markets in Crypto-assets (MiCA) regulations.
Starting March 31, the affected assets will be USDT, $FDUSD
, $TUSD
SDP $DAI, AEUR, UST, USTC, and PAXG, the exchange reported in an announcement. Binance will continue to allow withdrawals and deposits of these tokens, but encourages EEA users to convert any MiCA non-compliant stablecoin, as some functionalities will be restricted for these assets.
