Cryptocurrency Q&A
Is Binance going to delist USDT?
Is Binance going to delist USDT?
Giuseppe
Wed Apr 16 2025
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5
answers
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There have been reports that Binance is planning to delist USDT and other stablecoins that are not compliant with new regulations in certain countries, specifically in the European Economic Area (EEA). The move is intended to align with the EU's Markets in Crypto-Assets (MICA) regulatory framework and ensure compliance with legal requirements regarding stablecoins.
5 answers
Michele
Fri Apr 18 2025
Binance has made a groundbreaking announcement regarding its stablecoin offerings for European Economic Area users. The exchange has revealed its intentions to delist all stablecoins that are not compliant with the Markets in Crypto-Assets (MiCA) framework. This decision is set to take effect by March 31, 2025, marking a significant shift in Binance's approach to serving its EU-based clientele.
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Riccardo
Thu Apr 17 2025
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ShintoSanctum
Thu Apr 17 2025
The delisting of non-MiCA compliant stablecoins is a strategic move by Binance to align its operations with the evolving regulatory landscape in the European Union. As the EU continues to strengthen its oversight of the crypto market, Binance is taking proactive steps to ensure that its services remain compliant and accessible to users in the region.
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KimonoGlitter
Thu Apr 17 2025
Among the stablecoins affected by this decision is USDT, one of the most widely used stablecoins in the crypto space. With its delisting, EU users of Binance will need to find alternative stablecoins that meet the MiCA compliance standards. This transition will likely require users to conduct thorough research and due diligence to select suitable replacements.
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Isabella
Thu Apr 17 2025
To facilitate this transition, Binance has identified compliant alternatives such as USDC and EURI. These stablecoins have been deemed suitable for use within the EU due to their alignment with the MiCA framework. By directing users to switch to these compliant alternatives, Binance is aiming to minimize disruptions and ensure a smooth transition for its EU-based clientele.
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