🚨 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! 🌟📈
