Binance to Delist Stablecoins in Europe to Comply with MiCA Regulation

Binance, one of the world’s largest cryptocurrency exchanges, has announced plans to remove several stablecoins for users in the European Economic Area (EEA) by 31 March 2025. This decision is in response to the European Union’s Markets in Crypto-Assets Regulation (MiCA), which establishes a comprehensive framework to govern cryptocurrency activities across member states. Impact of…

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What Are Stablecoins?

Stablecoins are a type of cryptocurrency designed to maintain a stable value by pegging their price to a reserve asset, such as a fiat currency (e.g., US Dollar, Euro), commodities (e.g., gold), or other cryptocurrencies. Unlike volatile cryptocurrencies such as Bitcoin and Ethereum, stablecoins aim to provide price stability while retaining the benefits of digital…

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