Crypto Exchanges Bracket for EU MCA Rules: Stablecoins Canceled by Uphold, Binance
This month, several cryptocurrency exchanges in the European Economic Area (EEA) are canceling certain stablecoins in order to align with the European Union markets in the Crypto-assets (MiCA) regulations that establish more strict rules for fiat-backed and algorithmic stablecoins. Uphold announced on July 1st that it would deselect statscoins, and Binance recently removed stablecoin funding. […]
