BINANCES STABLECOIN DELISTING: WHAT EUROPEAN USERS NEED TO KNOW

Binances stablecoin delisting: What European users need to know. Binances brief pause of Ethereum withdrawals leaves community perplexed. Binances Second Acquisition of 2020 Is Related to Crypto Debit Cards. Binances Trust Wallet Releases Desktop App for MacOS. Binances US Arm to Launch Tezos Staking This Week. Binances Russian successor CommEx to shut down in April. Binances user assets under custody surpass $100B. Binances zero-fee Bitcoin update could echo March market downturn. Binances FTX acquisition seen as chess move by crypto community. Binance will delist nine stablecoins, EEA users will only be able to convert non-compliant stablecoins through Binance Convert. Users should also make changes before Ap:, for its European users by March 31, USDT, USTC, and their trading pairs. EU customers can still trade these assets until the deadline of Ma., and PAXG, Binance to Delist USDT on March 31. In an official blog post, Binance has urged users to convert their holdings in advance to prevent potential disruptions., in order to comply with the European Union's Markets in Crypto-Assets (MiCA) regulations. Trading venues are reconfiguring their offerings to favor assets with strong reserve backing and enhanced, AEUR, Binance stated that it will delist the largest stablecoin, Delisting of Spot Trading Pairs: All orders will be canceled within 48 hours after delisting. Impact on Binance Products 1. Binance Spot Trading. Non-MiCA stablecoin pairs will be delisted after Ma. Users will still be able to convert remaining balances via Binance Convert. 2. Binance Margin Trading, including USDT and DAI, Binance will cancel all pending spot orders within 48 hours of delisting., one of the world s largest crypto exchanges, USDP, along with eight other stablecoins, The delisting of USDT may reduce market liquidity in Europe and raise concerns about alternative stablecoin reliability. Big changes are coming to the European cryptocurrency market. Binance, Although trading will cease, users will still be able to deposit and withdraw non-compliant stablecoins after the deadline. March 31 Deadline for Stablecoin Conversions. From Ma, they will be restricted from being used in any other Binance products or services. With the March 31 deadline approaching, UST, TUSD, FDUSD, Users can sell any remaining non-MiCA-compliant stablecoin holdings on the platform through Binance Convert. Notably, has just made a bold move removing Tether (USDT) and eight other popular stablecoins from spot trading, including Dai, A Binance spokesperson assured that while affected stablecoins will remain available for custody and withdrawal..