Binance Suspends USDT Spot Trading of Tether (USDT) and Other Stablecoins in the EEA

Binance temporarily suspended spot trading of Tether (USDT) and other stablecoins in the European Economic Area (EEA) because it adheres to the Markets in

Binance has temporarily suspended spot trading of Tether (USDT) and other stablecoins in the European Economic Area (EEA). The move follows a change of heart within the European Union (EU) regarding the regulation of digital assets.

Most importantly, stablecoins now come under more severe reserve handling and disclosure rules. The new regulations are part of Markets in Crypto-Assets Regulation (MiCA), which brings a harmonized regulatory regime to the EU.

The crypto exchange giant is required by MiCA to list the names of issuers and the types and amounts of their reserves. But Binance said it prefers not to share such information. Instead, it will be delisting the stablecoins from its spot market.

Accordingly, Binance is delisting USDT, Dai (DAI), First Digital USD (FDUSD), and TrueUSD (TUSD) from spot trading for its EEA-based customers by March 31, 2025, as part of its compliance plan with the new regulations.

However, Binance users in the EEA can still trade perpetual contracts for the impacted assets. The crypto exchange is keeping this option open as it allows users to bet on price fluctuations without actually trading or holding the tokens.

As part of its compliance plan with MiCA, Binance is also delisting the following tokens:

• Aave Bank Token (AAVE)

• Apellis Pharmaceuticals (APLP)

• Avalanche (AVAX)

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