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What restrictions should we expect from Binance?

Crypto Enthusiasts,

Due to the entry into force of the European legislative framework (MiCA), regarding the regulation of the European cryptocurrency market, we would like to inform you of the following announcement on the Binance exchange related to this process.

The process will directly affect stablecoins, including USDT.

In this regard, there will be certain restrictions (imposed by Binance) related to USDT operations at the exchange level.

For now, the spot market is not affected by the changes and no delisting of USDT markets is foreseen.

If there is such a process, then it should be with smooth stages of development in order to have enough time to react.

We will keep you informed of future changes related to stablecoins and the MiCA regulatory framework.

Link to the announcement here