Attention crypto dealers in Europe! Binance is making modifications by eliminating some well-known stablecoins such as USDT, FDUSD, and DAI from its spot exchanging stage within the European Economic Region. This alteration is happening since these stablecoins don’t completely fulfill the new MiCA rules. Thus, in case you’re exchanging in Europe, be mindful that after March 31st, you’ll have to discover substitute choices for your spot exchanging on Binance.
Paolo Ardoino, who directs Tether, expresses disapproval towards the recent MiCA guidelines. His apprehension stems from the regulation mandating stablecoin firms to maintain a minimum of 60% of their assets in European banking institutions, perceiving it as possibly hazardous. He highlighted the absence of insurance for deposits surpassing €100,000, identifying it as a likely concern. Toncoin (TON) Value Forecast for March 26th