Investors pull around $6 billion out of Binance’s stablecoin
Binance’s stablecoin, Binance USD, has seen around $6 billion of outflows following a U.S. regulatory crackdown on the company that issues the token, according to market tracker CoinGecko.
Coinbase Delists Stablecoin Binance USD (BUSD)
Coinbase announced Monday it would delist the stablecoin Binance USD (BUSD). The exchange plans to no longer support BUSD trading on Monday, March 13, 2023, at around 12 pm ET.
As BUSD’s Woes Continue, Could Binance Be Pivoting to TUSD?
Stablecoins have been in the crosshairs of regulators recently, with Binance’s BUSD Stablecoin drawing the ire of the SEC.
Coinbase suspends Binance USD trading, no reason to panic as it is everyday business – STOP THE FUD
Leading crypto exchange Coinbase halts trading for BUSD token, not long after minting of minting new units of the token was halted.
Binance USD Stablecoin Gets Booted Off Coinbase Amid Mounting Regulatory Pressure
San Francisco-based cryptocurrency exchange Coinbase is kicking Binance USD (BUSD) off its platform.
How USDC has gained from ongoing BUSD chaos
According to data provided by Dune Analytics, trading firm Genesis had a massive amount of USDC in its reserves. The increasing interest of these firms could be instrumental in helping…
Exchange Stablecoin Wars Hot Up – Coinbase to Suspend BUSD Trading on March
Coinbase has announced the suspension of Binance USD (BUSD) trading, saying that the stablecoin does not meet its listing standards.
Coinbase will delist the BUSD stablecoin
The official announcement was made yesterday on Twitter: on 13 March 2023 Coinbase will suspend trading for the Binance USD (BUSD) stablecoin.
Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed…
Coinbase Will Halt BUSD Trading, Here’s When
Per a report from crypto news outlet The Block, crypto exchange Coinbase will halt trading operations with the Binance-branded stablecoin, BUSD. The digital asset has been heavily scrutinized following the…
