Binance Removes Tether Trading from Europe as MiCA Implementation Kicks In

Crypto exchange Binance has discontinued spot trading for Tether’s USDt tokens within the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). This move aligns with a broader trend of non-MiCA compliant token delisting across various exchanges in Europe, impacting users based in the EEA. While Binance has delisted these tokens from its spot trading platform, users can still store and trade them through perpetual contracts.