Big news for cryptocurrency users in Europe! Binance, a big cryptocurrency exchange, is making some changes. Europe has new rules for crypto, called MiCA. Because of these rules, Binance is removing some digital money called stablecoins.
- Binance is taking away nine stablecoins from its European users.
- This is to follow new European laws (MiCA).
- Users can still sell these coins using Binance Convert.
- Some stablecoins are okay and will stay on Binance.
| Affected Stablecoins | Tether (USDT), Dai (DAI), and others |
|---|---|
| Date of Change | March 31st |
| Reason | New European crypto laws (MiCA) |
| What to do | Switch to allowed coins like USDC or EURI. |
