Coinbase Is Delisting Binance USD Stablecoin

Cryptocurrency exchange, Coinbase says it will suspend trading for Binance USD in less than a month.

Coinbase, in the announcement issued on Monday, said that it decided to suspend trading for BUSD, citing increased pressure from regulators.

“When reviewing BUSD, we determined that it no longer met our listing standards and will be suspended.”

“We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent reviews, Coinbase will suspend trading for Binance USD (BUSD) on March 13, 2023, on or around 12 pm ET.” the firm said in a tweet made yesterday.

 

 

 

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