🚨 Binance Implements #Stablecoin Restrictions in #Europe 🚨

👀 **New Rules Starting June 30, 2024:**

- New regulations for #Stablecoins in the European Economic Area (EEA).

- Operators must obtain a license from an EU member state authority.

- Full disclosure to clients, public business model, effective governance system, and EBA registration required.

🚫 **Binance's Plan:**

- Restrictions will apply to "unregulated stablecoins."

- Gradual changes to access these assets, allowing users to switch to regulated "stable coins."

📅 **Effective June 30:**

- European clients can only sell "unregulated stablecoins."

- Purchase of these assets will be stopped.

- Restrictions affect copy trading, Launchpad, Launchpool, Simple Earn, and other services.

🧐 **Specific Stablecoins Not Specified:**

Stay informed and adjust your strategies accordingly! 🌟📈

#StablecoinRevolution #altcoins #BinanceSquareFamily