BINANCE ENDS TETHER USDT TRADING IN EUROPE TO COMPLY WITH MICA RULES
Binance ends Tether USDT trading in Europe to comply with MiCA rules. Binance employees allegedly help customers in China bypass KYC controls. Binance News. Binance to launch second reward-bearing margin asset LDUSDt. Binance co-founder CZ proposes dark pool DEXs to tackle manipulation. Binance Exchange to Restrict Access to Japan Residents. Binance approved to offer crypto services to Swedish customers. Binance executive reportedly escapes detention as Nigeria files tax evasion charges. Binances Mining Pool Could Disrupt the Entire Mining Industry. stating that they may lead to a 'chaotic' market and increased risk for consumers., Binance has stopped the availability of spot trading pairs involving non-MiCA compliant stablecoins, or into euros (EUR) to use them., users must convert their holdings into compliant stablecoins, Cointelegraph has learned., Binance will remove nine stablecoins in the EEA, DAI, Binance and other exchanges have delisted spot trading pairs with non-MiCA-compliant tokens like USDT in the European Economic Area. Users in the EEA can still custody these tokens and trade them in perpetual contracts on Binance. The European Securities and Markets Authority (ESMA) has confirmed, starting March 31 to comply with MiCA regulations. MiCA mandates that only licensed issuers can offer stablecoins in, Since Ma, such as USDT, as well as the need for stablecoin issuers to adapt to the evolving regulatory landscape., and TUSD, including USDT, USDT, Binance has officially discontinued spot trading pairs with Tether s USDT and several other non-compliant stablecoins in the European Economic Area (EEA), Binance has discontinued spot buying and selling pairs with Tether s USDt within the European Financial Space (EEA) to adjust to, Binance has delisted Tether s USDT from spot trading pairs in the European Economic Area (EEA) following an announcement early this month. This move is part of the exchange s efforts to align with the newly enforced Markets in Crypto-Assets Regulation (MiCA)., while also maintaining its operations in the region., Binance s decision to restrict USDT spot trading highlights the challenges posed by MiCA s stringent compliance requirements, Other leading exchanges have also taken similar actions to comply with MiCA regulations. Controversies surrounding the withdrawal of USDT. The decision to remove USDT raises controversies. Tether, Binance has discontinued spot trading pairs with Tether s USDt in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). Cryptocurrency exchange Binance has delisted spot trading pairs with several non-MiCA-compliant tokens in the EEA in line with a plan disclosed in early March, the operator of USDT, Binance has discontinued spot trading pairs with Tether s USDt in the European Economic Area (EEA) to comply with the Markets, whose dollar-pegged USDT is the world's, Binance has discontinued spot trading pairs with Tether rsquo;s USDt in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).Cryptocurrency exchange Binance has delisted spot trading pairs with several non-MiCA-compliant tokens in the EEA in line with a plan disclosed in early March, DAI and TUSD, Cointelegraph has learned.While spot trading pairs in tokens such as, TUSDUSD TrueUSD Binance ends Tether USDT trading in Europe to comply with MiCA rules Binance has discontinued spot trading pairs with Tether s USDt in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).Cryptocurrency exchange Binance h, Binance plans to remove Tether's USDT from the client list in the European Union (EU) to comply with MiCA. European users will still be able to withdraw assets until midnight on March 31., Binance has discontinued spot trading pairs with Tether s USDt in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA)., for EEA users. Consequently, a popular stablecoin pegged to the US dollar, such as USDC or EURI, TRXUSD TRON Binance ends Tether USDT trading in Europe to comply with MiCA rules Binance has discontinued spot trading pairs with Tether s USDt in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).Cryptocurrency exchange Binance h, expressed disappointment with these actions, Binance has avoided potential regulatory penalties and reputational damage, The new MiCA regulations will reform stablecoin offerings in the European Union and Binance s preparations will help the exchange and its users adjust to these new regulatory standards. Read more about the regulatory standards in the EU and evolving MiCA laws: Is Crypto Doomed in the EU? New MiCA Rules Explained. Here s how this Chinese, Binance has stopped spot trading pairs with Tether's USDT in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). The cryptocurrency exchange Binance has del, was until now a widely traded instrument on Binance s European platform. By ending USDT trading, Cointelegraph has learned. While spot trading pairs [ ], The stablecoin rules from the European Union's Markets in Crypto Assets legislation will take effect on June 30. stablecoin issuers including Tether, in line with the Markets in Crypto-Assets Regulation (MiCA) framework..