{"id":26214,"date":"2023-12-06T16:56:38","date_gmt":"2023-12-06T16:56:38","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/"},"modified":"2023-12-06T16:56:40","modified_gmt":"2023-12-06T16:56:40","slug":"binance-suspends-euro-stablecoin-after-200-price-surge","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/","title":{"rendered":"Binance suspends euro stablecoin after 200% price surge"},"content":{"rendered":"<div data-v-8081b7b6=\"\">\n<p>Crypto exchange Binance is reimbursing users and delisting the Anchored Coins Euro stablecoin (AEUR) after the token surged more than 200% in value after listing.<\/p>\n<p>According to the Dec. 6 announcement, Binance will compensate users who purchased AEUR at an inflated valuation and failed to sell it after trading was halted earlier in the day. Affected users will receive a portion of the premium amount above the peg of 1 AEUR = 1.08 Tether (USDT) as a refund. The exchange wrote:\u00a0<\/p>\n<blockquote><p>&#8220;After AEUR went online, it attracted the attention of community users. However, some users did not realize that AEUR was a stable currency when they purchased it. Demand surged in the short term, resulting in price deviations.&#8221;<\/p><\/blockquote>\n<p>The large price volatility also affected the pricing of various AEUR trading pairs, including Bitcoin (BTC), Ether (ETH) and the euro, which also falls within the scope of the exchange&#8217;s compensation plan. &#8220;To avoid potential losses for other investors, the resumption time of the above AEUR spot trading pairs will be notified separately,&#8221; Binance said. The coin is currently suspended for trading on the exchange.<\/p>\n<p>AEUR is issued by Anchored Coins, a fintech firm based in Zug, Switzerland. It is part of the country&#8217;s self-regulatory organization Qualit\u00e4tssicherung von Finanzdienstleistungen (VQF), which is endorsed by the Swiss Financial Market Supervisory Authority (FINMA), requiring the firm to comply with Anti-Money Laundering obligations.\u00a0<\/p>\n<p>Anchored Coins claims that each AEUR is &#8220;backed 1:1 with the reserves held exclusively with Swiss FINMA-licensed banks.&#8221; The firm&#8217;s stablecoins are currently minted on Ethereum and BNB Chain.<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>The AEUR stablecoin on Binance shortly before trading suspension<\/em><\/figcaption><\/figure>\n<p><strong><em>Related:\u00a0Circle launches native euro stablecoin on Stellar<\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange Binance is reimbursing users and delisting the Anchored Coins Euro stablecoin (AEUR) after the token surged more than 200% in value after listing. According to the Dec. 6 announcement, Binance will compensate users who purchased AEUR at an inflated valuation and failed to sell it after trading was halted earlier in the day. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-26214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binance suspends euro stablecoin after 200% price surge | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance suspends euro stablecoin after 200% price surge | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Crypto exchange Binance is reimbursing users and delisting the Anchored Coins Euro stablecoin (AEUR) after the token surged more than 200% in value after listing. According to the Dec. 6 announcement, Binance will compensate users who purchased AEUR at an inflated valuation and failed to sell it after trading was halted earlier in the day. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/\" \/>\n<meta property=\"og:site_name\" content=\"NFT &amp; Crypto News\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-06T16:56:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-06T16:56:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"799\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792\"},\"headline\":\"Binance suspends euro stablecoin after 200% price surge\",\"datePublished\":\"2023-12-06T16:56:38+00:00\",\"dateModified\":\"2023-12-06T16:56:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/\"},\"wordCount\":279,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg\",\"articleSection\":[\"Crypto\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/\",\"url\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/\",\"name\":\"Binance suspends euro stablecoin after 200% price surge | NFT &amp; Crypto News\",\"isPartOf\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg\",\"datePublished\":\"2023-12-06T16:56:38+00:00\",\"dateModified\":\"2023-12-06T16:56:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#primaryimage\",\"url\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg\",\"contentUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg\",\"width\":1200,\"height\":799},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nftandcrypto-news.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Binance suspends euro stablecoin after 200% price surge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#website\",\"url\":\"https:\/\/nftandcrypto-news.com\/\",\"name\":\"NFT &amp; Crypto News\",\"description\":\"Latest NFT and Crypto News\",\"publisher\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nftandcrypto-news.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#organization\",\"name\":\"NFT & Crypto News\",\"url\":\"https:\/\/nftandcrypto-news.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/02\/nft-logo-dark-1.png\",\"contentUrl\":\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/02\/nft-logo-dark-1.png\",\"width\":844,\"height\":205,\"caption\":\"NFT & Crypto News\"},\"image\":{\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792\",\"name\":\"Staff\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f1725824bb0aca42c3c5b57f7a3adb20?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f1725824bb0aca42c3c5b57f7a3adb20?s=96&d=mm&r=g\",\"caption\":\"Staff\"},\"sameAs\":[\"https:\/\/nftandcrypto-news.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Binance suspends euro stablecoin after 200% price surge | NFT &amp; Crypto News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/","og_locale":"en_US","og_type":"article","og_title":"Binance suspends euro stablecoin after 200% price surge | NFT &amp; Crypto News","og_description":"Crypto exchange Binance is reimbursing users and delisting the Anchored Coins Euro stablecoin (AEUR) after the token surged more than 200% in value after listing. According to the Dec. 6 announcement, Binance will compensate users who purchased AEUR at an inflated valuation and failed to sell it after trading was halted earlier in the day. [&hellip;]","og_url":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/","og_site_name":"NFT &amp; Crypto News","article_published_time":"2023-12-06T16:56:38+00:00","article_modified_time":"2023-12-06T16:56:40+00:00","og_image":[{"width":1200,"height":799,"url":"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg","type":"image\/jpeg"}],"author":"Staff","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Staff","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#article","isPartOf":{"@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/"},"author":{"name":"Staff","@id":"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792"},"headline":"Binance suspends euro stablecoin after 200% price surge","datePublished":"2023-12-06T16:56:38+00:00","dateModified":"2023-12-06T16:56:40+00:00","mainEntityOfPage":{"@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/"},"wordCount":279,"commentCount":0,"publisher":{"@id":"https:\/\/nftandcrypto-news.com\/#organization"},"image":{"@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#primaryimage"},"thumbnailUrl":"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg","articleSection":["Crypto"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/","url":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/","name":"Binance suspends euro stablecoin after 200% price surge | NFT &amp; Crypto News","isPartOf":{"@id":"https:\/\/nftandcrypto-news.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#primaryimage"},"image":{"@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#primaryimage"},"thumbnailUrl":"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg","datePublished":"2023-12-06T16:56:38+00:00","dateModified":"2023-12-06T16:56:40+00:00","breadcrumb":{"@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#primaryimage","url":"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg","contentUrl":"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg","width":1200,"height":799},{"@type":"BreadcrumbList","@id":"https:\/\/nftandcrypto-news.com\/crypto\/binance-suspends-euro-stablecoin-after-200-price-surge\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nftandcrypto-news.com\/"},{"@type":"ListItem","position":2,"name":"Binance suspends euro stablecoin after 200% price surge"}]},{"@type":"WebSite","@id":"https:\/\/nftandcrypto-news.com\/#website","url":"https:\/\/nftandcrypto-news.com\/","name":"NFT &amp; Crypto News","description":"Latest NFT and Crypto News","publisher":{"@id":"https:\/\/nftandcrypto-news.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nftandcrypto-news.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/nftandcrypto-news.com\/#organization","name":"NFT & Crypto News","url":"https:\/\/nftandcrypto-news.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nftandcrypto-news.com\/#\/schema\/logo\/image\/","url":"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/02\/nft-logo-dark-1.png","contentUrl":"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2022\/02\/nft-logo-dark-1.png","width":844,"height":205,"caption":"NFT & Crypto News"},"image":{"@id":"https:\/\/nftandcrypto-news.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/352194e8b0cb9ae3ad5480e201b5f792","name":"Staff","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nftandcrypto-news.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f1725824bb0aca42c3c5b57f7a3adb20?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f1725824bb0aca42c3c5b57f7a3adb20?s=96&d=mm&r=g","caption":"Staff"},"sameAs":["https:\/\/nftandcrypto-news.com"]}]}},"jetpack_featured_media_url":"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/12\/ebe13f0f-2c67-4511-a4c0-1daadf2344e7.jpg","_links":{"self":[{"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/posts\/26214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/comments?post=26214"}],"version-history":[{"count":1,"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/posts\/26214\/revisions"}],"predecessor-version":[{"id":26216,"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/posts\/26214\/revisions\/26216"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/media\/26215"}],"wp:attachment":[{"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/media?parent=26214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/categories?post=26214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nftandcrypto-news.com\/wp-json\/wp\/v2\/tags?post=26214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}