Binance divides stablecoins for MiCA compliance, restricts unauthorized ones, and transitions users to regulated ones.

Binance is preparing for the Markets in Crypto-Assets (MiCA) rules by dividing stablecoins into "regulated" and "unauthorized" based on their compliance. The exchange will restrict unauthorized stablecoins and transition users to regulated ones as they become available, to ensure compliance with MiCA. The new rules aim to establish uniform rules for crypto asset issuers in the European Union.

June 03, 2024
6 Articles