.Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards. HeleneBraunn reports.
“Our determination to suspend trading for BUSD is based on our own internal monitoring and review processes,” a spokesperson told CoinDesk. “When reviewing BUSD, we determined that it no longer met our listing standards and will be suspended.”, Coinbase Pro, Coinbase Exchange, and Coinbase Prime. Users will still be able to access their BUSD funds and withdraw them at any time, Coinbase said.
Binance Coin , the exchange token of Binance, dropped 1% after the news, and was trading at $302.57 at press time.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pairs in Focus This Week \u2013 EUR/USD, GBP/USD, USD/JPY, AUD/USGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of February 26th, 2022 here.
Read more »
GBP/USD manages to defend and rebound from 200-day SMA amid a modest USD downtickGBP/USD manages to defend and rebound from 200-day SMA amid a modest USD downtick – by hareshmenghani GBPUSD RiskAppetite Fed Recession Currencies
Read more »
EUR/USD to move lower, USD/JPY risks lean higher – TDSEconomists at TD Securities discuss the outlook of the EUR/USD, USD/CAD and USD/JPY pairs. Key support for S&P 500 aligns at 3950 “We have been biased
Read more »
USD/JPY remains on the defensive below YTD peak amid softer USD, bullish potential intactUSD/JPY remains on the defensive below YTD peak amid softer USD, bullish potential intact – by hareshmenghani USDJPY BOJ Fed RiskAppetite Currencies
Read more »
Voyager is selling crypto assets through Coinbase, suggests on-chain dataLookonchain revealed Voyager’s use of 23 tokens, which in total are valued at over $100 million.
Read more »
Coinbase hit with proposed trademark lawsuit over Nano derivative productsNanoLabs has alleged Coinbase's Nano Bitcoin futures contract and Nano Ether futures contract products infringe on trademark rights owned by them.
Read more »