We commonly monitor the property on our trade to make sure they meet our itemizing requirements. Primarily based on our most up-to-date critiques, Coinbase will droop buying and selling for Binance USD (BUSD) on March 13, 2023, on or round 12pm ET.
— Coinbase Property (@CoinbaseAssets) February 27, 2023
2/ We had been knowledgeable by Paxos they’ve been directed to stop minting new BUSD by the New York Division of Monetary Providers (NYDFS).
Paxos is regulated by NYDFS.
BUSD is a stablecoin wholly owned and managed by Paxos.
— CZ 🔶 Binance (@cz_binance) February 13, 2023