Binance to Delist Non-MiCA Stablecoins in Europe by March 31

• Binance delists nine stablecoins from spot trading in the EEA.
• Users can still convert or withdraw non-compliant stablecoins.
• EEA users must convert non-MiCA stablecoins by March 31 deadline.

Binance will remove nine non-MiCA compliant stablecoins from its platform in the European Economic Area (EEA) by March 31. This action aligns with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The exchange will cease spot trading pairs for stablecoins like Tether (USDT), Dai (DAI) and others like FDUSD, TUSD, USDP, AEUR, UST, USTC, and PAXG.

Binance Halts Spot Trading For Nine Stablecoins in EEA

Binance users in the EEA will no longer be able to trade these stablecoins on the spot market after the deadline. However, they can still convert or sell non-compliant assets through Binance Convert. The exchange encourages users to convert these assets to MiCA-compliant stablecoins such as USDC, EURI, or EUR before the deadline.

Binance to Delist Non-MiCA Stablecoins in Europe by March 31 3

Although spot trading will be restricted, Binance will continue to support custody for non-compliant stablecoins. Users can deposit or withdraw these coins even after the delistings. The exchange will also maintain the ability for users to sell these non-compliant assets through Binance Convert even after the deadline.

EEA Users Must Switch to Compliant Stablecoins

Binance has taken additional steps to facilitate the transition for its users. The exchange launched promotions to encourage conversions to USDC and EURI, with benefits for EEA users. These promotions include zero-fee trading on specific pairs and an opportunity to win a share of 1,000,000 USDC. The exchange also introduced flexible earning products for USDC, offering up to 15% annual percentage rate (APR) to incentivize the switch.

Moreover, Binance will delist non-MiCA compliant stablecoin pairs from its Margin platform from March 27. Any non-compliant assets in margin accounts will automatically convert to USDC and the exchange will cancel pending orders for these pairs. The exchange advises users to convert their stablecoins ahead of the deadline to avoid liquidation risks. For Isolated Margin accounts, the exchange will close positions and settle liabilities automatically.

Furthermore, users with non-compliant stablecoins in Binance Earn and Loans are encouraged to switch to MiCA-compliant alternatives before March 31.

Compliance With MiCA regulations

Binance’s actions are part of its broader strategy to comply with MiCA regulations and enhance transparency in the crypto ecosystem. In January 2025, the exchange updated its deposit and withdrawal procedures in Poland to meet MiCA requirements. The exchange seeks to obtain a MiCA license as part of its commitment to long-term sustainable growth in the European market.

These changes reflect the increasing regulatory scrutiny on the cryptocurrency market in Europe. MiCA aims to enhance stability and transparency in Europe’s stablecoin and crypto market. This adjustment is in line with these broader efforts to ensure compliance and sustain operations in the region.