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Slashdot: Coinbase To Halt Trading of Binance USD for Not Meeting Listing Standards

Coinbase To Halt Trading of Binance USD for Not Meeting Listing Standards
Published on February 28, 2023 at 02:50AM
Coinbase will suspend trading of Binance USD (BUSD) on March 13 at around noon EST. From a report: The crypto exchange said the decision was based on its most recent review of the stablecoin, which Paxos recently stopped issuing following an order from a New York regulator. "Our determination to suspend trading for BUSD is based on our own internal monitoring and review processes," a Coinbase spokesperson told The Block. "When reviewing BUSD, we determined that it no longer met our listing standards and will be suspended."

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