MiCA Impact: Binance Halts Copy Trading & Restricts Stablecoins

MiCA Is Here: Binance Restricts European Users from Copy Trading and Many Stablecoins

Major Crypto Exchange Announces Sweeping Changes to Comply with New EU Regulations

European Binance users logging into their mobile app were greeted with an unsettling message indicating certain services were no longer available in their region. This sudden change comes as new cryptocurrency regulations on the Old Continent officially take effect at the end of June. Binance, acting proactively, has already blocked access to some services, including copy trading, starting from June 26.