Coinbase exposes the BusD trade because it does not meet the admission standards

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Von Krypto News Österreich

Coinbase-the largest crypto exchange in the United States-announced that it stops the bus deal for a week after the issuer of the stable coin has hired new units of the token.

  • according to a Twitter From Coinbase on Monday the exchange with the token on Coinbase.com, Coinbase Pro, Coinbase Exchange and Co-Spane.
  • Users can continue to access all busds that are kept in their accounts and take off them from the platform at any time.

  • "We regularly monitor the assets on our stock exchange to ensure that they meet our list standards," said Coinbase. "Based on our latest ratings, Coinbase will suspend the trade for Binance USD (BUSD) on March 13, 2023 at or at 12:00 p.m.

  • Coinbase hesitated to list to token that have certain characteristics properties Code and other aspects that can qualify the asset as security. The Securities and Exchange Commission (SEC) has accused Coinbase, to list several non-registered securities on its platform, but the stock exchange claims that it "does not list any securities"
  • At the beginning of this month, Paxos from the New York Department of Financial Services (NYDFS) were instructed to stop the BusD. Later, the SEC published a wellness in which Busd could do this Qualify as non-registered security.
  • The legal team from Coinbase claims that stable coins are not securities, as well as the ceo from circle

.