Buy $GGsBinance To Delist Non-MiCA Compliant Stablecoin Trading Pairs In Europe
Highlights
- Binance is delisting non-MiCA stablecoin trading pairs for EEA users.
- The delisting announcement comes in line with the recent guidelines by EU authorities.
- Binance continues enhancing trade offerings, securing its global ranking.
Cryptocurrency exchange giant Binance again nabbed significant investor attention with its latest announcement on Monday. The crypto trading platform revealed that it will be delisting all non-MiCA-compliant stablecoin trading pairs in the EEA (European Economic Region) shortly.
Binance To Delist Non-MiCA Compliant Stablecoin Trading Pairs In EEA
According to an official Binance announcement on March 3, the crypto exchange is implementing changes to non-MiCA-compliant stablecoin trading pairs in the EEA region. As per the announcement, trading pairs with USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG will be delisted for EEA users on March 31.
However, MiCA-compliant stablecoins pairs, such as USDC, EURI, and fiat pairs (EUR) will remain available. Simultaneously, the crypto exchange also urged EEA users to convert any remaining non-MiCA compliant stablecoin holdings (e.g., USDT) to USDC, EURI, or EUR.
Why Is Binance Delisting Stablecoin Trading Pairs?
Meanwhile, it’s also noteworthy that Binance rolled out its latest delisting announcement following recent stablecoin-related guidelines from EU authorities. As a result, the top crypto exchange is making changes to the availability of non-MiCA-compliant stablecoins in the EEA.
What’s More?
Starting March 31 at 23:59 UTC, the exchange will restrict the availability of Spot trading pairs pegged to non-MiCA Compliant Stablecoins. Further, starting March 27 at 07:00 UTC, any non-MiCA compliant Margin trading pairs will also be delisted for EEA users.
Other services like trading bots, earn, and loans will also be impacted for users. Nevertheless, the exchange clarified that users will still be able to sell any remaining non-MiCA-compliant stablecoin holdings after March 31.
Binance Continues Modifying Trade Offerings
Simultaneously, with the abovementioned endeavor weighing in, the leading cryptocurrency exchange further cements its top ranking in the market. Notably, Binance has secured the top spot by constantly enhancing trade offerings in line with market needs.
CoinGape recently reported that the exchange extended support to the Ethernity Chain (ERN) token swap process, sparking an ERN price upswing. On the other hand, the CEX also delisted key BNB and ETH trading pairs, adding to its foray into revolutionized offerings.
Play 10,000+ Casino Games at BC Game with Ease
- Instant Deposits And Withdrawals
- Crypto Casino And Sports Betting
- Exclusive Bonuses And Rewards
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Crypto Weekly Wrap: Jane Street Targeted After Terra Suit, Vitalik’s ETH Selloffs, Regulatory Progress Feb 23-27
- Meme Coin Market Dead? Top 5 Reasons Dogecoin, Shiba Inu, and Pepe Are Crashing
- Crypto Market Crashes as U.S.-Iran Tensions Escalate With Airstrikes
- Breaking: Ethereum Price Drops Amid Israel-Iran Tensions; Machi Big Brother Liquidated Again
- CLARITY Act: Stablecoin Yield Debate Heats Up, but March 1 Deadline Not ‘Do or Die’
- Top Analyst Predicts Pi Network Price Bottom, Flags Key Catalysts
- Will Ethereum Price Hold $1,900 Level After Five Weeks of $563M ETF Selling?
- Top 2 Price Predictions Ethereum and Solana Ahead of March 1 Clarity Act Stablecoin Deadline
- Pi Network Price Prediction Ahead of Protocol Upgrades Deadline on March 1
- XRP Price Outlook As Jane Street Lawsuit Sparks Shift in Morning Sell-Off Trend
- Dogecoin, Cardano, and Chainlink Price Prediction As Crypto Market Rebounds
