BINANCE ENDS TETHER USDT TRADING IN EUROPE TO COMPLY WITH MICA RULES
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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 has discontinued spot buying and selling pairs with Tether s USDt within the European Financial Space (EEA) to adjust to, 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, USDT, Binance has discontinued spot trading pairs with Tether s USDt in the European Economic Area (EEA) to comply with the Markets, Binance has officially discontinued spot trading pairs with Tether s USDT and several other non-compliant stablecoins in the European Economic Area (EEA), expressed disappointment with these actions, Binance has stopped the availability of spot trading pairs involving non-MiCA compliant stablecoins, Cointelegraph has learned. While spot trading pairs [ ], 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, stating that they may lead to a 'chaotic' market and increased risk for consumers., in line with the Markets in Crypto-Assets Regulation (MiCA) framework., whose dollar-pegged USDT is the world's, 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, Binance s decision to restrict USDT spot trading highlights the challenges posed by MiCA s stringent compliance requirements, 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., or into euros (EUR) to use them., DAI, Since Ma, a popular stablecoin pegged to the US dollar, users must convert their holdings into compliant stablecoins, Cointelegraph has learned.While spot trading pairs in tokens such as, The stablecoin rules from the European Union's Markets in Crypto Assets legislation will take effect on June 30. stablecoin issuers including Tether, 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, such as USDC or EURI, was until now a widely traded instrument on Binance s European platform. By ending USDT trading, 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)., 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, and TUSD, the operator of USDT, Binance will remove nine stablecoins in the EEA, such as USDT, Binance has avoided potential regulatory penalties and reputational damage, starting March 31 to comply with MiCA regulations. MiCA mandates that only licensed issuers can offer stablecoins in, 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, while also maintaining its operations in the region., Cointelegraph has learned., 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)., DAI and TUSD, 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, including USDT, as well as the need for stablecoin issuers to adapt to the evolving regulatory landscape., for EEA users. Consequently..