Big news for cryptocurrency in Europe! Binance, a big cryptocurrency exchange, is making some changes. It's all because of a new European law called MiCA that wants to make sure crypto is safe and fair. This means some cryptocurrencies will disappear from Binance in Europe.
- Binance is removing nine kinds of stablecoins.
- Stablecoins are like digital dollars – they try to always be worth $1.
- This is happening because of a new European law.
- Binance will let users keep their coins until March 31st, then it removes them.
What happened | Details |
---|---|
Stablecoins removed | Tether (USDT), First Digital USD (FDUSD), and others |
Deadline | March 31st |
Binance's action | Delisting from spot trading; Margin trading changes |