Coinbase disables trading for BUSD
Coinbase assured users that their BUSD funds will remain accessible and that they will still be able to withdraw funds at any time. US-based cryptocurrency exchange Coinbase announced the suspension of trading for the Binance USD (BUSD) stablecoin on March 13 via Twitter. We have disabled trading for Binance USD (BUSD). Your BUSD funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time. https://t.co/jfpCZX7UTC — Coinbase Assets (@CoinbaseAssets) March 13, 2023 On Feb 27, Coinbase cited “listing standards” as the reason behind its decision to disable trading for BUSD on March 13. The February announcement read; 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 12pm ET. According to Coinbase’s Feb 27 Twitter thread, the decision to disable trading for BUSD will apply t...