The world’s largest crypto exchange Binance has announced the removal of spot trading pairs with stablecoins that do not correspond to EU Regulation on markets in cryptoassets (MiCA). The changes will take effect in March and apply to users of the European Economic Area (EEA). Nine stablecoins were delisted:
- Tether (USDT)
- Dai (DAI)
- First Digital USD (FDUSD)
- TrueUSD (TUSD)
- Pax Dollar (USDP)
- Anchored Euro (AEUR)
- TerraUSD (UST)
- TerraClassicUSD (USTC)
- PAX Gold (PAXG)
Spot trading pairs with the above mentioned stablecoins will be completely removed on March 31, and all outstanding orders will be canceled within the next 48 hours. For margin trading, the restrictions will take effect on March 27. At the same time, Binance will continue to support deposits and withdrawals of these nine stablecoins, as well as provide conversion options through Binance Convert. Users were advised to convert their assets to USDC, EURI, or Euro.
Source: Binance
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