Binance Delists MiCA Non-Compliant Stablecoin Trading Pairs in Europe

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Summary

Binance announced that it will delist MiCA non-compliant stablecoin trading pairs in the European Economic Area.
The affected stablecoins include Tether (USDT), TrueUSD (TUSD) and others.
Users were advised to convert to stablecoins that are regulation-compliant.

Global cryptocurrency exchange Binance has announced the delisting of MiCA non-compliant stablecoins for users in the European Economic Area (EEA).

On the 3rd (local time), Binance stated through its official website, "In accordance with European Union (EU) authorities' guidelines, we are delisting MiCA non-compliant stablecoin trading pairs within the EEA," adding that "the affected cryptocurrencies include Tether (USDT), First Digital USD (FDUSD), TrueUSD (TUSD), Pax Dollar (USDP), Dai (DAI), AEUR, TerraUSD (UST), TerraClassicUSD (USTC), and PAX Gold (PAXG)."

The exchange further advised, "Users holding these stablecoins should convert them to regulation-compliant stablecoins such as USDC." However, they added that non-compliant stablecoins can still be stored and withdrawn or deposited at any time.