Binance to delist non-MiCA compliant stablecoins in Europe on March 31

Cryptocurrency exchange Binance is taking steps to comply with European crypto regulations by announcing upcoming delistings of several stablecoins.

On March 31, Binance will delist spot pairs with nine stablecoins — including Tether USDt (USDT) and Dai (DAI) — to comply with Europe’s Markets in Crypto-Assets (MiCA) regulation, the exchange officially announced on Monday.

The delistings will exclusively apply to users in the European Economic Area (EEA), who would be still able to sell their non-MiCA stablecoins after March 31 using Binance Convert.

MiCA-compliant stablecoins, such as Circle-issued stablecoins, USDC (UDSC) and Eurite (EURI), will remain available and unchanged, Binance said.

“Custody of non-MiCA Compliant stablecoins will continue”

While encouraging EEA users to convert all non-MiCA compliant stablecoins into assets such as USDC or EURI, or fiat currencies like the euro, Binance said it will still support custody of non-MiCA compliant assets.

“Custody of non-MiCA-compliant stablecoins will continue and you will be able to withdraw or deposit non-MiCA-compliant stablecoins at any time,” the announcement notes.

The full list of the affected non-MiCA-compliant stablecoins on Binance includes Tether USDt, Dai, First Digital USD (FDUSD), TrueUSD (TUSD), Pax Dollar (USDP), Anchored Euro (AEUR), TerraUSD (UST), TerraClassicUSD (USTC) and PAX Gold (PAXG).

Binance’s announcement comes amid the exchange still working to receive a MiCA license. The exchange previously announced changes to its deposit and withdrawal procedures in Poland to comply with the MiCA framework in January 2025.

This is a developing story, and further information will be added as it becomes available.

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