Cryptoregulations

Big changes are coming for Binance users in Poland—and potentially for other EEA countries soon. Starting May 16, 2025, Polish users will face restrictions on using USDT and USDC for several trading products. This is part of Binance’s compliance with evolving EU regulations, especially under the MiCA (Markets in Crypto-Assets) framework.
Here’s what’s changing:
From May 16, 2025, Polish users will no longer be able to:
Open new USDⓈ-Margined Futures positions using $USDC or USDT
Subscribe to Dual Investment products involving stablecoins
Use USDT/USDC as collateral for crypto loans
Trade on Margin using USDT or USDC
However, Coin-Margined contracts like BTC-Margined products will still be available.
What does this mean for traders?
1. Collateral strategy shift – Users will need to rely more on volatile assets like BTC or ETH for margin or loans.
2. Fewer trading options – With stablecoins out, traders lose access to certain derivatives and investment products.
3. Higher risk – Without stablecoins, traders are more exposed to crypto market volatility, which can increase liquidation risks.
Will Binance close current positions?
No. Binance has confirmed that existing positions won’t be forcibly closed. You just won’t be able to open new ones using USDT or USDC after the deadline.
Why is this happening?
Binance is aligning its services with local and EU-wide regulations. The MiCA regulation classifies and tightly governs the use of stablecoins across the European Economic Area (EEA), aiming to bring more clarity and control to the crypto space.
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Thailand is refining its crypto tax regulations to support its growing digital economy. Here’s what you need to know for 2024:

📊 Tax Rates & Categories:
Personal Income Tax: Profits from crypto trading or investments are taxed based on your income bracket (0% to 35%).Capital Gains Tax: Applies to profits from selling crypto assets.Withholding Tax: A 15% tax on dividends or profit-sharing from digital tokens.

📅 New 2024 Regulations:
Crypto Transfers: No VAT on transfers via licensed exchanges, brokers, and dealers (since January 2024).Income Tax Exemption: Profits from holding digital tokens for investment are exempt from personal income tax after a 15% withholding.Foreign Income Tax: All foreign-sourced crypto income is now taxed, even if earned before 2024, for residents living in Thailand for 180+ days.

🛠️ Taxable Activities: Trading, mining (income from sale/exchange), receiving crypto as payment, and gifts.

📈 Top Cryptos in Thailand:
Bitcoin ($BTC ): Now over $90K, with predictions for $200K by 2025.Ethereum ($ETH ): Trading over $3,000, driving decentralized apps and DeFi.Solana ($SOL ): Fast and low-cost transactions, trading over $190.

Thailand’s crypto tax landscape is evolving, with more clarity on digital assets and potential legalization of online gambling ahead. Stay informed to navigate these changes!
#cryptotax #ThailandCrypto #CryptoNews #CryptoRegulations #TheCoinRepublic

In a recent development, Deribit crypto exchange has announced its exit from Russia due to sanctions introduced by the European Union, according to the statement posted on its website. As a Dutch-owned platform, Deribit must adhere to EU sanctions. The exchange will no longer accept Russian nationals or residents as clients, unless exceptions apply.
” Due to EU sanctions against Russia, Deribit is no longer able to accept Russian nationals and Russian residents as its clients, unless an exception applies. Since Deribit’s parent company is Dutch, these EU sanctions are relevant to us,” the crypto exchange noted.
Due to EU sanctions, Deribit has restricted access to its platform for Russian nationals. Russian nationals can only use the exchange’s services if they are also citizens of an EEA member country or Switzerland, or if they have permanent residency in one of these countries.
Deribit Limits Russian Access: Some Residents Can Use Platform
For example,Russian nationals residing in Ireland or that are also nationals of Denmark can use Deribit services. However, Russians residing in the UAE are still prohibited from using the platform. Furthermore, the exchange does not make exceptions for Russian companies, which means they are also unable to access Deribit’s services.
An email from Deribit to clients explains that Russian accounts will enter “reduce-only mode” starting February 17, 2025, meaning traders can only close positions or place new orders that reduce risk. All open positions will be closed on March 29, 2025, but there will be no restrictions on withdrawing assets.
Originally founded in the Netherlands in 2016, Deribit is now based in Panama. This move followed a 2020 EU directive that required crypto platforms to identify customers through new rigorous anti-money-laundering (AML) rules.
In a statement, Deribit stated that they believe crypto markets should be accessible to everyone. They found the new regulations imposed by the EU to be too restrictive and costly for many traders. As a result, they chose to move to a more favorable regulatory environment.
#CryptoRegulations #RussiaCrypto #Write2Earn #BitcoinWhaleMove

Lately, there’s been a buzz around USDT being delisted, especially on European exchanges like Coinbase. If you’re wondering how this impacts your trading or investments, don’t worry—we’ve got you covered with all the essential details. Let’s break it down and see why this is happening, what it means for the market, and why Asia remains unaffected. 💡

USDT Delisting: What’s Happening?
USDT has been delisted on European exchanges, including Coinbase. However, exchanges in Pakistan, India, and other Asian countries remain unaffected, so there’s absolutely no need to worry. 💯

Why Is USDT Being Delisted in Europe?
The delisting in Europe is due to strict EU crypto regulations. USDT doesn’t fully comply with these standards, leading to its removal from European platforms.
Why is Coinbase making it a big deal?
Coinbase has a vested interest here—it’s not just about compliance. Here’s why:
USDC is the stablecoin of the Circle Foundation.
Coinbase has a partnership with Circle, so they are encouraging users to switch from USDT to USDC.
Being the third-largest exchange globally, Coinbase’s actions naturally grab attention.
In short, this is about business strategy as much as regulation.

How Does This Affect Asia?
The good news? It doesn’t.
For exchanges in Asia—like Binance, OKX, and Bybit—USDT will continue to be supported as usual. Until crypto regulations are introduced in the region, USDT remains a dominant stablecoin for trading and transactions.
Asian traders can continue trading and holding USDT without any interruptions. 🌏

What About Coins Bought in USDT Pairs?
Many users are concerned about their holdings in coins like BTC, SOL, or others purchased with USDT pairs.
The answer is simple: No issues at all.
Your holdings in these pairs remain unaffected, and trading continues as normal. There’s no risk to your funds or the functionality of these pairs.

What Does This Mean for the Market?
While the delisting might cause some short-term noise, the crypto market as a whole remains resilient. USDT continues to dominate global trading volumes, and major Asian exchanges are unaffected. The focus is now shifting to stablecoin competition, with exchanges like Coinbase pushing alternatives like USDC.
This is a reminder of the importance of decentralization and diversity in stablecoins—a healthy competition that drives the industry forward.

Key Takeaways for Binance Users
1. USDT is safe on Binance and other Asian platforms, so you can continue using it as usual.
2. Coins bought in USDT pairs are unaffected, ensuring seamless trading and holding.
3. This is more of a regional compliance issue in Europe, with no global impact for now.
Binance remains committed to supporting stablecoins like USDT, ensuring uninterrupted trading for its users worldwide. 🌍

Final Thoughts
While the USDT delisting drama has created a stir, it’s important to remember that the impact is regional, not global. For Binance users in Asia and beyond, it’s business as usual. The crypto market thrives on adaptability, and this is yet another example of how the industry evolves to meet regulatory and business challenges.
Stay updated and trade smart. Follow Binance for all the latest news and insights! 🚀
#USDTDelisting #BinanceUpdates #CryptoRegulations #StablecoinWars #CryptoNews