Binance may have suspended copy trading for European users due to EU MiCA regulation

Odaily News As the EU Crypto-Asset Market (MiCA) regulations are approaching implementation (i.e., at the end of June), the crypto exchange Binance has disabled its copy trading service for European users. It is reported that European users will close their positions in copy trading activities and transfer funds back to their respective spot wallets before the June 28 deadline. After this date, any remaining open positions will be automatically closed at market prices and assets will be transferred to spot wallets. (beincrypto)