Binance Delists Non-Compliant Stablecoins in Europe by 2025

Coin WorldMonday, Mar 3, 2025 5:01 am ET

1min read

Binance, one of the world's largest cryptocurrency exchanges, has announced its intention to delist several non-compliant stablecoins in Europe by March 31, 2025. This move is part of the exchange's efforts to align with the European Union's Markets in Crypto-Assets (MiCA) regulation.

On March 31, Binance will remove spot pairs involving nine stablecoins, including Tether USDt (USDT) and Dai (DAI), from its European platform. This change will only affect users within the European Economic Area (EEA), who will still be able to sell their non-MiCA compliant stablecoins post-delisting using Binance Convert.

MiCA-compliant stablecoins, such as Circle-issued USDC (UDSC) and Eurite (EURI), will remain available and unaffected by these changes. Binance has also confirmed that it will continue to support the custody of non-MiCA compliant stablecoins, allowing users to withdraw or deposit these assets at any time.

Binance has encouraged EEA users to convert their non-MiCA compliant stablecoins into MiCA-compliant assets or fiat currencies like the euro before the delisting date. The full list of affected stablecoins includes Tether USDt, Dai, First Digital USD (FDUSD), TrueUSD (TUSD), Pax Dollar (USDP), Anchored Euro (AEUR), TerraUSD (UST), TerraClassicUSD (USTC), and PAX Gold (PAXG).

This announcement comes as Binance continues to work towards obtaining a MiCA license. In January 2025, the exchange had already implemented changes to its deposit and withdrawal procedures in Poland to comply with the MiCA framework.

As the crypto industry evolves, regulatory compliance has become a critical factor for exchanges operating in Europe. Binance's proactive approach to MiCA compliance demonstrates its commitment to providing a secure and transparent trading environment for its users.

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