TLDR Crypto · MARKETS & BUSINESS
BINANCE ENDS TETHER USDT TRADING IN EUROPE TO COMPLY WITH MICA RULES
Summary from the TLDR Crypto newsletter
Binance has paused spot trading pairs for Tether's USDT in the European Economic Area (EEA) to comply with MiCA regulations. EEA users can still custody USDT and trade it via perpetual contracts. This move aligns with local regulatory requirements. Other exchanges, like Kraken, have taken similar actions.