Binance Delists Tether（USDT）和其他不合格的稳定蛋白在MICA实施之前

欧洲加密货币市场正在为世界上最大的交易所之一的融资而进行地震转变，宣布其决定将Tether Tether（USDT）决定。

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.

欧洲的加密货币市场正在为世界上最大的交易所之一的地震转变做好准备，它宣布决定将Tether Tether（USDT）和其他Stablecoins决定与即将到来的Crypto-Assets（MICA）立法的欧洲市场不合格。这一举动将于2025年3月31日生效，标志着加密行业的监管演变中的关键时刻，表明了一个严格合规性和透明度提高的新时代。

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决策的含义远远超出了交易所本身，可能重塑了整个欧洲加密货币景观，并为全球监管标准树立了先例。

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.

将于2025年3月31日生效的加密资产（MICA）法规的欧洲市场代表了加密货币行业的分水岭。 MICA旨在促进更大的消费者保护和市场完整性，对Stablecoin发行人施加了严格的要求，包括许可义务，储备透明度和强大的运营标准。

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.

该法规的总体目标是减轻与稳定的风险，这些风险已成为加密生态系统越来越不可或缺的一部分。通过确保稳定的稳定剂得到足够的储备并以透明度的运作，MICA旨在维护投资者并促进财务稳定。

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，云母的严格要求提出了某些Stablecoin发行人的挑战，即尤其是USDT的发行人Tether。该公司不愿完全遵守《新法规》，这导致了Binance决定将USDT和其他不合格的Stablecoins从其现货交易平台中脱颖而出。

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决定将USDT和其他不合规的Stablecoins（例如Tureusd（Tusd），Dai（Dai）和Pax Dollar（USDP））提出，强调了交易所遵守云母的承诺。将于2025年3月31日生效的时装将从欧洲经济区（EEA）内的现货贸易中删除这些稳定的。

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澄清说，EEA中的用户仍然能够通过永久合同来监护，撤回和交易这些令牌。该规定使用户能够维持其现有持股并进行衍生交易，尽管限制了现货交易。

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提供了一种激励用户过渡到符合云母的替代方案的动力，例如Circle的USD Coin（USDC），从2025年3月开始，这些代币的零费用交易量为零。此举旨在促进用户平稳的过渡并鼓励采用合规的稳态。

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的领导之后，其他交流也正在采取措施与云母法规保持一致。 Kraken已将USDT脱颖而出，并过渡到“仅销售”的基础，使用户可以出售其USDT，但不购买新产品。同样，Crypto.com关闭其Defi产品并专注于符合云母的产品。

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.

主要交流的协调反应强调了云母的重大影响以及该行业对监管合规性的认识。 USDT和其他不合规的Stablecoins的推荐信号标志着欧洲加密货币市场的范式转变，交易所优先考虑监管依从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.

从主要的欧洲交易所将USDT推荐的含义对于Stablecoin市场来说是深远的。

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.

欧盟的新加密法规，被称为加密资源市场（MICA）的市场，将于2025年3月31日生效。这些法规旨在促进更大的消费者保护，市场完整性和快速发展的加密货币行业的稳定性。

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.

欧洲证券和市场管理局（ESMA）在塑造云母法规和监督其实施方面发挥了关键作用。 ESMA的重点是确保以透明和合规的方式进行加密活动，并考虑消费者和金融体系的最大利益。

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对Stablecoin监护和交易的立场一直是一个关注的主题。根据ESMA对云母的解释，公司可以继续为不合规的稳定剂提供监护权服务。但是，ESMA明确表示，这种代币中的任何交易活动均应在2025年3月31日之后停止。

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的观点对于了解云母将如何重塑欧洲加密货币景观至关重要。监管机构对消费者保护和投资者进行保护的强调在对新立法的解释中很明显。

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.

欧盟通过云母调节稳定的积极主动方法正在设定全球先例。作为世界上最大的单一经济和政治实体，欧盟的行动受到其他司法管辖区的密切监控，这些司法管辖区可能采用类似的监管框架。

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.

对稳定蛋白的监管审查日益增加，这也促使人们讨论需要进行全球监管协调。调节稳定蛋白的协调方法可以帮助减轻风险，促进金融稳定并促进投资者的信心。

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

随着加密货币行业的不断发展，MI的含义