Important Stablecoin Changes for European Economic Area Users on Binance
The new MiCA stablecoin regulation will come into force on June 30, 2024. From this date, stablecoins in the EEA will be regulated, certain existing stablecoins may not fall into this category.
These stablecoins, including USDT and others, will continue to be available for trading on Binance on Spot, for deposit and withdrawal, and in your wallet as normal. They will also be available to sell on Convert. Binance will not delist these stablecoins.
We will limit its availability to EEA users only in certain products, and will propose alternatives with regulated stablecoins or other cryptoassets.
Binance is working to minimize market and product disruptions as we transition to a regulated Stablecoin offering under MiCA in the EEA.
You can also click here to learn more about how we are complying with the new MiCA Stablecoin regulations.
If you have any specific questions about how this will affect you and the products you use, please contact the binance customer support team.
