Binance
$ 30.35b
The exchange announced on March 3 that the commercial pairs involved Nine stablecoins will no longer be available to US users after March 31, 2025.
The complete list of stablecoins that are eliminated includes Tied USDT
USDT
$ 1.00
Did you know?
Subscribe: We publish new cryptography explanatory videos every week!
What is Defi 2.0? (Explained with animations)
Although these stablecoins will be eliminated from the spot trade, Binance has assured users that You can still sell them through Binance Convert. The exchange has also confirmed that stablcoins that meet Mica’s requirementsLike USD Coin
USDC
$ 1.00
Users are encouraged to convert your holdings into stablecoins or fiat coins compatible with mica Like the euro before the changes enter into force. Despite commercial restrictions, Binance will still allow deposits and withdrawals for the stable affected.
The company has declared:
Stablecoins custody not compatible with Mica will continue, and may withdraw or deposit stablcoins not compatible with Mica at any time.
While users can still maintain and transfer these assets, it is not clear if Binance The approach fully complies with Mica regulations.
The European Authority of Securities and Markets (ESMA) has advised cryptographic service providers in the region that Remove all non -micos stablecoins before March 31, 2025. Some regulators, like Mica Crypto Alliance’s Juan Ignacio IbañezThey have emphasized that Tokens like USDT It must be completely eliminated, which indicates“No trace of USDT should remain, not even in the ‘sale only’ mode, before March 31”.
Recently, Nigeria filed a lawsuit against Binance, looking for $ 8.15 billion in damages. What happened? Read the full story.
Having completed a master’s degree in economics, politics and cultures of the Oriental Asia region, Aaron has written scientific documents that analyze the differences between Western and collective capitalism forms in the era after World War II.
With about a decade of experience in the Fintech industry, Aaron understands all the most important problems and struggles facing cryptography enthusiasts. He is a passionate analyst who is concerned about data -based content and based on facts, as well as the one who speaks for both web3 natives and for the newcomers of the industry.
Aaron is the reference person for everything and anything related to digital currencies. With a great passion for blockchain & web3 education, Aaron strives to transform the space as we know it and make it more accessible to complete beginners.
Aaron has been summoned by multiple established means and is an author published. Even during his free time, he likes to investigate market trends and look for the next Supernova.
