Cryptocurrency exchange Binance is preparing to align with European crypto regulations by announcing the upcoming delisting of several stablecoins.
As of March 31, Binance will remove spot pairs with nine stablecoins, including Tether USDt and Dai, to comply with the European Markets in Crypto-Assets (MiCA) regulation, the exchange announced on Monday.
These delistings will only affect users in the European Economic Area (EEA), who will still be able to sell their non-MiCA stablecoins via Binance Convert after March 31.
MiCA-compliant stablecoins, such as those issued by Circle, including USDC and Eurite (EURI), will continue to be available without changes, Binance confirmed.