Coin

<ul class="news-points"> 
 <li>Binance executive warns of impending stablecoin delisting in Europe.</li> 
 <li>EU’s MiCA regulation sparks concerns among crypto industry stakeholders.</li> 
 <li>Uncertainty surrounds the application of MiCA to decentralized and foreign issuers.</li> 
</ul> 
A recent report claimed a <a href="https://coinedition.com/tag/binance-news/">Binance</a> executive has warned about the potential delisting of stablecoins from the European market. The impending threat resulted from the upcoming European Union (EU) rules, known as the Markets in Crypto Assets (MiCA) regulation. These regulations have raised concerns among crypto industry stakeholders. 
One of the key concerns highlighted during an online public hearing hosted by the European Banking Authority (EBA) is the uncertainty surrounding how MiCA will apply to decentralized and foreign issuers. The report cited Marina Parthuisot, Head of Legal at Binance France, saying no stablecoin project has been approved under MiCA. 
Therefore, the situation potentially leads to significant repercussions for the European crypto market compared to other parts. Furthermore, the report cited Parthuisot saying: “We are heading to a delisting of all stablecoins in Europe on June 30. 
” However, the CEO of Binance…
The post <a rel="nofollow" href="https://coinedition.com/is-binance-truly-delisting-all-stablecoins-in-europe-due-to-mica/">Is Binance Truly Delisting All Stablecoins in Europe Due to MiCA?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Is Binance Truly Delisting All Stablecoins in Europe Due to MiCA?

Coin Edition

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