Binance, a leading cryptocurrency exchange, plans to cease trading pairs for non-MiCA compliant stablecoins for users within the European Economic Area (EEA), effective April 1, 2025.
Impact on Non-MiCA Stablecoins
With the introduction of MiCA regulations, Binance is making significant adjustments in its stablecoin offerings. Trading for the specified non-compliant stablecoins will be halted for EEA users on April 1, 2025.
Changes in Margin Trading
The new regulations will also affect Binance’s margin trading services, which will end the use of non-compliant stablecoins by March 27, 2025, at 11:00 UTC. Users are strongly advised to convert their holdings to USDC before this cutoff. Post-deadline, Binance will automatically switch non-MiCA assets in margin accounts to USDC and cancel all pending orders.
Incentives for MiCA Transition
As part of its initiatives, Binance has launched zero trading fee campaigns and various rewards to promote the trading of USDC and EURI, encouraging users to align with the new compliance standards.
These changes are part of Binance’s efforts to comply with the new MiCA standards and provide customers with a safer, more regulated trading environment.
