Leading cryptocurrency exchange Binance announced plans to remove all trading pairs with Tether (USDT) and other stablecoins starting March 31, 2025. This decision is made in response to the requirements of the new European Union legislation known as Markets in Crypto-Assets (MiCA).
MiCA, which recently came into force, sets strict rules for cryptocurrency services and products, including stablecoins. In accordance with these regulations, Binance is required to discontinue support for trading pairs with uncertified stablecoins such as USDT.
Despite the cessation of trading operations with these assets, Binance users will retain the ability to store and withdraw their stablecoins. The exchange emphasized that client funds will remain secure and available for withdrawal at any time.
Users are advised to complete or transfer their open positions in the specified trading pairs by March 31 to avoid potential inconveniences. Binance will continue to inform its clients about any further changes related to compliance with MiCA requirements.
This event highlights the growing impact of regulatory changes on the cryptocurrency market and the need for exchanges and users to adapt to new conditions.