Binance will restrict the availability of unauthorized stablecoins for European Economic Area (EEA) users starting June 30, 2024. This move is in response to the new Markets in Crypto-Assets (MiCA) regulations, which will come into effect on the same date. The MiCA regulations require stablecoin operators to obtain a license from a competent authority of an EU member state and ensure the stability of their tokens. Binance has clarified that it will not delist unauthorized stablecoins on spot markets but will limit their availability on certain products such as Launchpool and Earn. The largest stablecoin, Tether's USDT, is currently not regulated in the EU and will be affected by these changes.
ICYMI: Binance to limit unregulated stablecoins in EU ahead of new crypto rules Read the full article 👇 https://t.co/e489Nnlt6S https://t.co/ZxF8UzZFSi
On 2024-06-30, the new MiCA stablecoin rules will come into effect across the European Economic Area (EEA) and @binance will restrict the availability of Unauthorized Stablecoins for EEA users across its product offerings. https://t.co/qMzpAY81J8 https://t.co/JeD4wsbAhY
UPDATE: @Binance to restrict certain stablecoins in the EU starting June 30, 2024, due to new MiCA regulations. Here are the crucial details…↓ #Binance (By: @ComposableD) https://t.co/M7O7850zJO
#Binance Announces Restrictions on Unauthorized #Stablecoins in EU to Comply With #MiCA Regulations #NewsBytes https://t.co/xLcb6duEHy
Binance to limit unregulated stablecoins in EU ahead of new crypto rules https://t.co/M8KwBRfIeE
.@binance is adjusting its strategy for handling stablecoins due to the new #MiCA (Markets in Crypto-Assets Regulation) in the EU. 📜👇 https://t.co/T7k8tpEu77
Crypto exchange @binance to restrict access to certain stablecoins in the EU Starting June 30, 2024, MiCA regulations will require stablecoin operators to obtain a license from a competent authority of an EU member state and ensure the stability of their tokens. Companies must… https://t.co/CkwDrV6iSm
I just wanted to take a moment to address one of the bigger questions raised about our strategy for the upcoming MiCA stablecoin rules. Please be assured that Binance won't delist any unauthorized stablecoins on spot but will limit their availability for EEA users only on…
Under upcoming MiCA rules some stablecoins will face restrictions as unauthorized stablecoins. Binance won't delist any unauthorized stablecoins on spot but will limit their availability for EEA users only on certain products, such as launchpool and earn, and will propose…
Binance to Restrict Unauthorized Stablecoins in EEA Starting June 30, 2024 Under MiCA Rules https://t.co/m3XFIYxQdp
Binance to restrict 'unauthorized' stablecoins in EU starting June 30, urges users to switch to regulated tokens https://t.co/Q4xIRVAqQd
Major changes coming in European digital asset markets on June 30th with the effectiveness of MiCA Stablecoin Regulations. 👀 https://t.co/viVsJnCJ4k
🚨JUST IN: @BINANCE TO RESTRICT AVAILABILITY OF UNAUTHORIZED STABLECOINS IN EUROPE BEGINNING JUNE 30TH
🔴 In accordance with MiCA regulations, Binance has just announced that they will no longer list "non-regulated" stablecoins from June 30th As a reminder, @Tether_to's USDT, which is the largest stablecoin on the planet, is not yet regulated in the EU
[BINANCE] #Binance to Restrict Unauthorized Stablecoins for EEA Users Ahead of New MiCA Rules Effective June 30, 2024
Binance will restrict the availability of Unauthorized Stablecoins for EEA users across its product offerings, starting from 2024-06-30 (UTC+3). On 2024-06-30 (UTC+3), the new MiCA stablecoin rules will come into effect across the European Economic Area (EEA).…