Coinbase announces suspension of BUSD trading beginning March 13

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Coinbase say it intends to delist BUSD.

) stablecoin on March 13, the exchange announced Feb. 27 on Twitter. The message mentioned “listing standards” as it announced its decision.

The decision will apply to Coinbase.com , Coinbase Pro, Coinbase Exchange, and Coinbase Prime, according to the tweet thread. The exchange added,"Your BUSD funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time."“Our determination to suspend trading for BUSD is based on our own internal monitoring and review processes. When reviewing BUSD, we determined that it no longer met our listing standards and will be suspended.

According to the Coinbase website, its digital asset listings group votes on assets to be listed on the exchange, “informed by a rigorous vetting/review process that evaluates assets against legal, compliance, and technical security standards.” In addition, there are additional business assessments and ongoing monitoring to ensure an asset continues to meet standards.

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 on March 13, 2023, on or around 12pm ET.

 

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Love to get a take on this from all or any of the following: scottmelker bitcoinzay crypto_noble Bitboy_Crypto daveweisberger1 IvanOnTech

Headline should read: “Coinbase-Circle alliance executes move to capture larger stablecoin market share via USDC, in coordinated move with SEC/NYDFS against Binance!”

my bday

Its quite shocking that once again, exchangesgonna fight each other.

Coin base is the cowardly lion of crypto

Let's go!

The decision will apply to Coinbase .com (simple and advanced), Coinbase Pro, Coinbase Exchange, and Coinbase Prime. The exchange added, 'Your BUSD funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.'

can you make an articule about what is happening with $GETH (ETH TESTNET)

oh dear

We dont care, no one care, dont f*cking share fud 😏

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