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Cryptocurrency News Articles
Binance Bans Using USDT and USDC in Poland. What Does It Mean for Binance Traders?
May 03, 2025 at 03:02 pm
Binance has announced important changes for users in Poland. Starting from May 16, 2025, it will no longer be possible to use USDT and USDC in futures contracts
Binance is making changes to the products available to users in Poland from May 16.
What’s changing?
These changes relate to new EU regulations, especially MiCA (Markets in Crypto-Assets), which set out how stablecoins can be issued and used. Binance is adjusting its services accordingly.
From May 16, Polish users will no longer be able to:
* open new USDⓈ-Margined Futures positions settled in USDT/USDC,
* subscribe to new Dual Investment offers involving stablecoins,
* take out loans or use USDT/USDC as collateral, or
* trade on Margin using USDT or USDC.
However, coin-margined contracts (e.g., BTC-Margined) will remain available.
What does it mean for traders?
* New collateral strategies – users will have to rely on cryptocurrencies (e.g., BTC, ETH) for margin trading and lending.
* Limited instruments – only crypto-margined contracts will be accessible for futures trading.
* Higher volatility risk – the lack of stable assets may lead to greater exposure to price fluctuations and liquidation.
Will Binance force-close positions?
If you already have open positions using USDT/USDC, Binance will not close them. However, you won’t be able to open new ones after May 16.
These changes are part of Binance’s ongoing efforts to ensure compliance with local regulations in the countries and regions where it operates.
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Let's continue the conversation and explore the exciting world of cryptocurrency together!output: Binance is making changes to the products available to users in Poland from 16 May, the exchange announced.
These changes relate to new EU regulations, especially MiCA (Markets in Crypto-Assets), which set out how stablecoins can be issued and used. Binance is adjusting its services accordingly.
From 16 May, Polish users will no longer be able to open new USDⓈ-Margined Futures positions settled in USDT/USDC, subscribe to new Dual Investment offers involving stablecoins, or take out loans or use USDT/USDC as collateral. They will also no longer be able to trade on Margin using USDT or USDC.
However, coin-margined contracts (e.g., BTC-Margined) will remain available, and if you already have open positions using USDT/USDC, Binance will not close them.
These changes mean that traders will need to use different collateral strategies, and they will have fewer instruments available to them. They will also be exposed to higher volatility and liquidation risk.
The exchange post read:
“Dear Binance User,
As part of our ongoing efforts to comply with local regulatory requirements, we are making changes to the availability of certain products in Poland.
Futures, Dual Investment, Stablecoin Loans, and Margin products involving stablecoins will be restricted in your region as of May 16, 2025.
If you are not currently using these products, you simply won’t be able to open new positions based on stablecoins.
Products affected:
* USDⓈ-M Futures (e.g., BTC/USDT, ETH/USDT)
* Dual Investment offers in USDT/USDC
* Stablecoin Loans (e.g., USDT, USDC)
* USDT/USDC Margin trading pairs
Products remaining available:
* Coin-M Futures (e.g., BTC-Margined Futures)
* All other Binance products and services
These changes will take effect on May 16, 2025.
We apologize for any inconvenience this may cause.
Thank You,
Binance”
These changes are part of Binance’s ongoing efforts to ensure compliance with local regulations in the countries and regions where it operates.
Earlier this year, Binance announced it would be shutting down its futures and derivatives products in mainland China to comply with the local regulations.
The post Ban on Using USDT and USDC in Poland (Possibly Coming Soon for Other EEA Users). What Does It Mean for Binance Traders? appeared first on Benzinga.
This article is written by Benzinga and has been edited and adapted by Tech Monitor.
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