The European Securities and Markets Authority (ESMA) has mandated that crypto firms licensed under the EU's MiCA framework must stop dealing with non-compliant stablecoins, including Tether's USDT, by January 8, 2027. This directive requires platforms to halt new trading and gradually wind down existing USDT services, though individual holders can still keep their tokens outside licensed platforms. Tether chose not to comply with MiCA's reserve rules, particularly the requirement to hold 60% of reserves in European bank deposits, leading to its exclusion from the regulated EU market. Traders in the EU must sell, convert, or withdraw USDT from licensed platforms before the deadline, while Tether loses access to a major regulated market but retains use outside these venues.
While the EU regulator sets a 2027 deadline for crypto firms to stop using Tether's USDT, Binance Coin (BNB) on Pluang trades at Rp13.612.568 as of Oct 08, 2026 19:32 WIB, down 0.61% in one day. BNB's market cap stands at Rp1.821,32 trillion with a 24-hour volume of Rp23,52 trillion, showing active trading despite regulatory pressures on stablecoins like USDT. The platform's order activity leans slightly towards buying at 55%, with typical hold times around 89 days, indicating steady investor interest amid shifting crypto regulations.
On October 8, the total cryptocurrency market capitalization dropped by 4.39% to $2.80 trillion, with Bitcoin falling 1.59% to $82,216. Other major coins also declined: Ether decreased 1.55% to $2,527, XRP fell 3.53% to $1.39, and Solana dropped near...
XLM topped the Korean crypto interest index at 84.4 points as of October 9, holding 1.92% of domestic trading volume. XRP, while third in interest at 82.5 points, accounted for the largest share of domestic trading at 18.73%, with a 24-hour turnover ...
Binance has moved its Secure Asset Fund for Users (SAFU) back into Bitcoin, restoring the emergency reserve to around $1 billion after previously holding it entirely in USD Coin (USDC). The transition began in February 2026 and was completed by mid-m...
Between September 1 and October 1, Binance users added over 6,200 BTC, raising total Bitcoin holdings on the exchange by 0.91% to about 688,600 BTC. Meanwhile, balances of Ether, Tether, and BNB decreased by 4.61%, 0.87%, and 0.77% respectively. This...
Ether (ETH) was trading close to $2,566.47, with Binance exhibiting the largest buy-side order-book depth compared to other platforms. Binance's spot market showed $24.75 million in buy orders against $6.32 million in sell orders, indicating a strong...
