Binance Dubai to Delist Privacy Coins and Non-AED Fiat in Regulatory Compliance Push

Binance has announced a significant shift for users in the United Arab Emirates as it transitions accounts to Binance Dubai (FZE), a locally regulated exchange under the Virtual Assets Regulatory Authority (VARA). As part of this migration, privacy tokens and non-AED fiat currencies will no longer be supported starting April 25, 2025.Privacy Tokens to Be DelistedTo align with VARA’s regulatory framework, Binance FZE will cease support for the following privacy-focused assets:DASH (Dash)DCR (Decred)ZEC (Zcash)XMRUSDT perpetual contracts (Monero) – Spot trading was already delisted in February 2024Unsupported Fiat CurrenciesDue to operational constraints, Binance Dubai will also stop support for the following non-AED fiat currencies:AUD, ARS, BRL, GBP, COP, CZK, EUR, JPY, PLN, MXN, RON, ZAR, TRY, UAH.Only AED, USD, and BHD will remain available for card-based crypto purchases.Key Migration TimelineApril 25, 2025 (UTC): Trading and deposits for affected tokens and currencies will cease.June 5, 2025: Recurring convert orders will be cancelled.June 8, 2025 (UTC): Withdrawals of privacy tokens end, open orders are cancelled, and final auto-conversion to USDT will begin. What Users Should DoTrade, convert, or withdraw affected tokens before migration.Close positions and bots tied to affected assets.Repay loans using any delisted assets.Stop mining operations tied to DASH and ZEC before June 8.Impacted Binance ServicesServiceActionSpot & ConvertTrading halts on April 25; orders canceled June 8Margin & FuturesPosition closure and settlement on June 8Simple EarnNo new subscriptions; redemption to Spot Wallets after June 8LoansNo new borrowing post-migration; full closure on June 8MiningZEC & DASH mining income to cease; auto-converted to USDT post-June 8Binance’s Regulatory CommitmentThis update reflects Binance’s strategy to operate under strict regulatory compliance in the UAE. The move aligns Binance FZE with VARA standards, marking a new chapter of localized, compliant digital asset trading in the Gulf region.For users, the key takeaway is to act before June 8 to avoid forced liquidation or unwanted conversions. Binance encourages all Dubai-based traders to review their portfolio holdings and prepare accordingly.