Binance will delist nine stablecoins, including USDT and DAI, in Europe on March 31 to comply with MiCA regulations, while still allowing custody and conversions.
Cryptocurrency exchange Binance is set to delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).
On March 31, Binance will delist spot pairs for users in the EEA, with nine stablecoins, including Tether’s USDt (USDT) and Dai (DAI), set to be removed to comply with Europe’s MiCA regulations, the exchange officially announced on Monday.
However, affected users will still be able to sell their non-MiCA-compliant stablecoins using Binance Convert, the company said.