Binance Delists Tether（USDT）和其他不合格的穩定蛋白在MICA實施之前

歐洲加密貨幣市場正在為世界上最大的交易所之一的融資而進行地震轉變，宣布其決定將Tether Tether（USDT）決定。

Europe's cryptocurrency market is bracing for a seismic shift as Binance, one of the world’s largest exchanges, has announced its decision to delist Tether (USDT) and other stablecoins deemed non-compliant with the upcoming European Markets in Crypto-Assets (MiCA) legislation. This move, which will take effect on March 31, 2025, marks a pivotal moment in the regulatory evolution of the crypto industry, signaling a new era of stringent compliance and heightened transparency.

歐洲的加密貨幣市場正在為世界上最大的交易所之一的地震轉變做好準備，它宣布決定將Tether Tether（USDT）和其他Stablecoins決定與即將到來的Crypto-Assets（MICA）立法的歐洲市場不合格。這一舉動將於2025年3月31日生效，標誌著加密行業的監管演變中的關鍵時刻，表明了一個嚴格合規性和透明度提高的新時代。

The implications of Binance’s decision extend far beyond the exchange itself, potentially reshaping the entire European crypto landscape and setting a precedent for global regulatory standards.

Binance決策的含義遠遠超出了交易所本身，可能重塑了整個歐洲加密貨幣景觀，並為全球監管標準樹立了先例。

The European Markets in Crypto-Assets (MiCA) regulation, set to come into force on March 31, 2025, represents a watershed moment for the cryptocurrency industry. Designed to foster greater consumer protection and market integrity, MiCA imposes stringent requirements on stablecoin issuers, including licensing obligations, reserve transparency, and robust operational standards.

將於2025年3月31日生效的加密資產（MICA）法規的歐洲市場代表了加密貨幣行業的分水嶺。 MICA旨在促進更大的消費者保護和市場完整性，對Stablecoin發行人施加了嚴格的要求，包括許可義務，儲備透明度和強大的運營標準。

The regulation’s overarching goal is to mitigate the risks associated with stablecoins, which have become increasingly integral to the crypto ecosystem. By ensuring that stablecoins are backed by adequate reserves and operate with transparency, MiCA aims to safeguard investors and promote financial stability.

該法規的總體目標是減輕與穩定的風險，這些風險已成為加密生態系統越來越不可或缺的一部分。通過確保穩定的穩定劑得到足夠的儲備並以透明度的運作，MICA旨在維護投資者並促進財務穩定。

However, the stringent requirements of MiCA have presented challenges for some stablecoin issuers, notably Tether, the issuer of USDT. The company’s unwillingness to fully comply with the new regulations has led to Binance’s decision to delist USDT and other non-compliant stablecoins from its spot trading platform.

但是，雲母的嚴格要求提出了某些Stablecoin發行人的挑戰，即尤其是USDT的發行人Tether。該公司不願完全遵守《新法規》，這導致了Binance決定將USDT和其他不合格的Stablecoins從其現貨交易平台中脫穎而出。

Binance’s decision to delist USDT and other non-compliant stablecoins, such as TrueUSD (TUSD), Dai (DAI), and Pax Dollar (USDP), highlights the exchange’s commitment to complying with MiCA. The delisting, which will take effect on March 31, 2025, will remove these stablecoins from spot trading within the European Economic Area (EEA).

Binance決定將USDT和其他不合規的Stablecoins（例如Tureusd（Tusd），Dai（Dai）和Pax Dollar（USDP））提出，強調了交易所遵守雲母的承諾。將於2025年3月31日生效的時裝將從歐洲經濟區（EEA）內的現貨貿易中刪除這些穩定的。

However, Binance has clarified that users in the EEA will still be able to custody, withdraw, and trade these tokens through perpetual contracts. This provision enables users to maintain their existing holdings and engage in derivative trading, despite the limitations on spot trading.

但是，Binance澄清說，EEA中的用戶仍然能夠通過永久合同來監護，撤回和交易這些令牌。該規定使用戶能夠維持其現有持股並進行衍生交易，儘管限制了現貨交易。

Moreover, Binance is offering an incentive for users to transition to MiCA-compliant alternatives, such as Circle’s USD Coin (USDC), with zero-fee trading for these tokens beginning in March 2025. This move aims to facilitate a smooth transition for users and encourage the adoption of compliant stablecoins.

此外，Binance提供了一種激勵用戶過渡到符合雲母的替代方案的動力，例如Circle的USD Coin（USDC），從2025年3月開始，這些代幣的零費用交易量為零。此舉旨在促進用戶平穩的過渡並鼓勵採用合規的穩態。

Following Binance’s lead, other exchanges are also taking steps to align their operations with MiCA regulations. Kraken has delisted USDT and transitioned to a “sale-only” basis, allowing users to sell their USDT but not purchase new ones. Similarly, Crypto.com is shutting down its defi products and focusing on MiCA-compliant offerings.

在Binance的領導之後，其他交流也正在採取措施與雲母法規保持一致。 Kraken已將USDT脫穎而出，並過渡到“僅銷售”的基礎，使用戶可以出售其USDT，但不購買新產品。同樣，Crypto.com關閉其Defi產品並專注於符合雲母的產品。

The coordinated response from major exchanges underscores the significant impact of MiCA and the industry’s recognition of the need for regulatory compliance. The delisting of USDT and other non-compliant stablecoins signals a paradigm shift in the European crypto market, with exchanges prioritizing regulatory adherence over short-term trading volumes.

主要交流的協調反應強調了雲母的重大影響以及該行業對監管合規性的認識。 USDT和其他不合規的Stablecoins的推薦信號標誌著歐洲加密貨幣市場的範式轉變，交易所優先考慮監管依從性而不是短期交易量。

The implications of the delisting of USDT from major European exchanges are far-reaching for the stablecoin market.

從主要的歐洲交易所將USDT推薦的含義對於Stablecoin市場來說是深遠的。

The European Union's new crypto regulations, known as Markets in Crypto-Assets (MiCA), are set to come into force on March 31, 2025. These regulations are designed to foster greater consumer protection, market integrity, and stability in the rapidly evolving cryptocurrency industry.

歐盟的新加密法規，被稱為加密資源市場（MICA）的市場，將於2025年3月31日生效。這些法規旨在促進更大的消費者保護，市場完整性和快速發展的加密貨幣行業的穩定性。

The European Securities and Markets Authority (ESMA) is playing a pivotal role in shaping the MiCA regulations and supervising their implementation. ESMA's focus is on ensuring that crypto activities are performed in a transparent and compliant manner, with the best interests of consumers and the financial system in mind.

歐洲證券和市場管理局（ESMA）在塑造雲母法規和監督其實施方面發揮了關鍵作用。 ESMA的重點是確保以透明和合規的方式進行加密活動，並考慮消費者和金融體系的最大利益。

ESMA's stance on stablecoin custody and trading has been a subject of attention. According to ESMA's interpretation of MiCA, firms can continue providing custody services for non-compliant stablecoins. However, ESMA has made it clear that any trading activity in such tokens should cease after March 31, 2025.

ESMA對Stablecoin監護和交易的立場一直是一個關注的主題。根據ESMA對雲母的解釋，公司可以繼續為不合規的穩定劑提供監護權服務。但是，ESMA明確表示，這種代幣中的任何交易活動均應在2025年3月31日之後停止。

ESMA's perspective is crucial for understanding how MiCA will reshape the European crypto landscape. The regulatory body's emphasis on consumer protection and investor safeguarding is evident in its interpretation of the new legislation.

ESMA的觀點對於了解雲母將如何重塑歐洲加密貨幣景觀至關重要。監管機構對消費者保護和投資者進行保護的強調在對新立法的解釋中很明顯。

The European Union's proactive approach to regulating stablecoins through MiCA is setting a global precedent. As the world's largest single economic and political entity, the EU's actions are closely monitored by other jurisdictions, which may adopt similar regulatory frameworks.

歐盟通過雲母調節穩定的積極主動方法正在設定全球先例。作為世界上最大的單一經濟和政治實體，歐盟的行動受到其他司法管轄區的密切監控，這些司法管轄區可能採用類似的監管框架。

The increasing regulatory scrutiny of stablecoins is also prompting a discussion on the need for global regulatory harmonization. A coordinated approach to regulating stablecoins can help mitigate risks, promote financial stability, and foster investor confidence.

對穩定蛋白的監管審查日益增加，這也促使人們討論需要進行全球監管協調。調節穩定蛋白的協調方法可以幫助減輕風險，促進金融穩定並促進投資者的信心。

As the crypto industry continues to evolve, the implications of Mi

隨著加密貨幣行業的不斷發展，MI的含義