Binance Restricts Stablecoin Usage in the EU

June 4, 2024 Tóth Balázs
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Binance has announced that starting from the end of June, it will restrict the availability of stablecoins deemed unregulated by the EU in the European Union. The rules outlined in the EU’s Markets in Crypto-Assets Regulation (MiCA) for stablecoins will come into effect at the end of June. This will be the first step towards entering the new regulatory framework and will significantly impact the stablecoin market in the European Economic Area. There is currently no information on which stablecoins comply with the MiCA regulations.
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