United States-based cryptocurrency exchange Coinbase announced on March 13 that it had suspended trading for the Binance USD stablecoin.
In its initial Feb. 27 announcement, Coinbase cited “listing standards” as being behind its decision.
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 applies to Coinbase.com (simple and advanced), Coinbase Pro, Coinbase Exchange and Coinbase Prime. On March 13, Coinbase assured its customers that “your BUSD funds will remain accessible to you, and you will continue to have the ability to withdraw your funds at any time.”
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