“The Binance Exchange will stop the support of nine steiblcoins in the European Economic Zone (EEA). The solution is related to the need to comply with Mica requirements. On March 31, the platform will deliberate spot pairs with “stable coins”: USDT; DAI; Tusd; USDP; FDUSD; AEUR; Ust; USTC; Paxg. In this case, their storage, deposits, withdrawals and conversion will remain available, Binance representative said in a Cointelegraph comment. “However [користувачі] will not be able to use […]”, – WRITE: Businessua.com.ua
The Binance Exchange will stop the support of nine steiblcoins in the European Economic Zone (EEA). The solution is related to the need to comply with Mica requirements.
31 March platform will deliveries of spot pairs with “stable coins”:
- USDT;
- DAI;
- Tusd;
- USDP;
- FDUSD;
- AEUR;
- Ust;
- USTC;
- Paxg.
In this case, their storage, deposits, withdrawals and conversion will remain available, Binance representative said in a Cointelegraph comment.
“However [користувачі] They will not be able to use these steiblcoins for any other products and services on our platform, ”he added.
The Binance command recommends that EEA users convert “stable coins” that do not meet the requirements into compatible alternatives such as USDC or EURRI or bring them to Fiat.
Binance stops supporting trading pairs with hryvnia for BNB and ETH
Delization is related to the recommendation of the European Securities and Markets. In January, the regulator stated that cryptocons that do not correspond to MICA should be excluded from the market by March 31.
We will remind, as of February approval for the release of stiblcoins in EEA received ten companies. The list includes Circle, Crypto.com and Societe Generale.
Europe enhances restrictions on cryptocurrency transfers
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