Binance CEO Confirms Continued Support For USDC In EU

Binance CEO Confirms Continued Support For USDC In EU

Binance has confirmed continuous support for the United States Dollar-pegged stablecoin USD Coin (USDC) in the European Economic Area (EEA).
Binance Backs USDC Post EMI License 
In an earlier X post, Binance CEO Richard Teng shared news of USDC’s new status in the EEA region. He precisely stated that the USD-pegged stablecoin is now regulated in the region.
Happy to share that USDC is now a Regulated Stablecoin in the EEA! USDC will continue to be available within #Binance product offerings for our EEA users.
USDC becoming a MiCA-compliant e-money token (EMT) marks a positive step forward for the crypto ecosystem in the EEA… https://t.co/MSdRfW3yBG
— Richard Teng (@_RichardTeng) July 1, 2024

In other words, USDC is now compliant with the Market in Crypto Asset (MiCA) regime that is now active in the European Union. As a result, its availability for trading is guaranteed on the leading cryptocurrency exchange to residents of the EEA region.
This was achieved after Circle became

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We współpracy z: https://coingape.com/binance-ceo-confirms-continued-support-for-usdc-in-eu/

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