Coinbase To Halt Trading of Binance USD for Not Meeting Listing Standards

Coinbase will suspend trading of Binance USD (BUSD) on March 13 at around noon EST. From a report: The crypto exchange said the decision was based on its most recent review of the stablecoin, which Paxos recently stopped issuing following an order from a New York regulator. "Our determination to suspend trading for BUSD is based on our own internal monitoring and review processes," a Coinbase spokesperson told The Block. "When reviewing BUSD, we determined that it no longer met our listing standards and will be suspended."

Read more of this story at Slashdot.