Bitcoinist6 minutes ago

Published on September 25, 2023 20:00 GMT+00:00edited on September 25, 2023 20:04 GMT+00:00

Binance may be on the verge of delisting all stablecoin offerings on its crypto exchange platform for European investors. The news has triggered fears of the potential losses the EU crypto market may sustain if Binance validates and proceeds with the motion.

Binance To Delist All Stablecoin Offerings In Europe

A prominent executive of Binance, one of the world’s largest crypto exchanges, has revealed a new development that has shaken the crypto community. Marina Parthuisot, head of legal at Binance France has disclosed in an online public hearing hosted by the EBA that Binance fears it may have to delist the majority of its stablecoin offerings for the European market by June 2024. 

Parthuisot revealed that the decision was made to comply with the soon-to-be enacted regulatory …