Binance Halts USDT Spot Trading in the EEA to Comply with MiCA Regulations

Quick Summary:

 Binance declared the closure of spot trading for Tether (USDT) in the European Economic Area (EEA).

Binance executes this policy to follow the Markets in Crypto-Assets Regulation (MiCA) under European Union legislation.

ESMA rules that allow token transactions which the institution earlier told to stop does not violate MiCA regulation.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab Emirates

Topics: Market Updates USDT MiCA Binance Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 12:28:52 (3 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 313 words

Reading Time: 2 minutes read

Sentences: 27 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27517751

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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