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Cryptoknowmics
2023-02-28 05:00:02

Coinbase Suspends BUSD Trading From Across All its Platforms

Coinbase Suspends BUSD Trading From Across All its Platforms

Coinbase announced via Twitter that it will suspend trading for BUSD on March 13 across its platforms, including Coinbase.com, Coinbase Pro, Coinbase Exchange, and Coinbase Prime. Coinbase Listing Standards No Longer Being Met by BUSD Despite the suspension, BUSD token holders will still have access to their tokens and can withdraw them at any time. The decision to suspend trading was made after an internal review process found that BUSD no longer met Coinbase’s listing standards. Binance launched its native stablecoin, BUSD, in 2019 in association with Paxos, which serves as its issuer and custodian of fiat reserves. BUSD has The post Coinbase Suspends BUSD Trading From Across All its Platforms appeared first on Cryptoknowmics-Crypto News and Media Platform .

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