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Binance Stops USDT Spot Trading in EEA Amid MiCA Rules

  • Binance has temporarily suspended USDT spot trading in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA).
  • MiCA requires stablecoin issuers, including Binance, to prove fully collateralized reserves and adhere to disclosure rules.
  • Binance has delisted USDT and other stablecoins from spot trading for its EEA-based customers and plans to comply with the regulations by March 31, 2025.
  • While spot trading is no longer available, EEA users can still trade perpetual contracts for the impacted assets on Binance.

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