Market Cap: $3,052,473,135,211
24h Vol: $86,926,750,486
Cryptocurrencies: 28005
Markets: 116055
Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
Seeking Alpha 2023-02-27 17:30:56

Coinbase Global to suspend Binance USD stablecoin in March

Coinbase Global to suspend Binance USD stablecoin in March
Cryptocurrency exchange Coinbase Global ( NASDAQ: COIN ) said Monday it will suspend trading for Binance USD ( BUSD-USD ) because the stablecoin doesn't meet its listing standards. "We regularly monitor the assets on our exchange to ensure they meet all listing standards," the company said via tweet. "Based on our most recent reviews, Coinbase will suspend trading for Binance USD ( BUSD-USD ) on March 13, 2023 on or around 12pm ET." A Coinbase ( COIN ) declined to explain which listing standards weren't met. The company posts on its website a document that details its listing prioritization process and standards. (Added 12:36 PM ET.) Earlier in February, Paxos Trust was ordered by the New York Department to stop mining BUSD ( BUSD-USD ). In addition, the SEC is reportedly looking to sue Paxos over breaching investor protection laws.
esptco-banner img
Latest News

Videos

  • Litecoin: What is Litecoin? EXPLAINED!

  • Top 5 Crypto Exchanges 2022: Best Crypto Exchanges to Work With!

  • Cardano: What is Cardano (ADA)? Explained!

  • Future Of Cryptocurrency: What Are Your thoughts On Future of Cryptocurrency? Explained By Cryptela

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire