Big news for cryptocurrency users in Europe! Binance, a big cryptocurrency exchange, is making some changes. They're getting ready for new rules in Europe called MiCA. These rules are like guidelines for cryptocurrencies.
- Binance will remove some types of digital money called stablecoins from trading.
- These stablecoins are like digital dollars, but not all are allowed under the new rules.
- Users need to change their money to approved stablecoins before March 31st.
- Binance is helping users make the switch with zero fees on some trades.
| Digital Money | Change |
|---|---|
| Tether (USDT), First Digital USD (FDUSD), DAI | Will be removed from trading after March 31 |
| USDC, EURI | Approved and encouraged for use |
It's important to understand these changes. If you use these types of digital money in Europe, you need to act before the deadline!
