Coinbase to Cease Support for BUSD
Reading Time: 2 minutes Coinbase announced yesterday that it will cease support for BUSD The move comes after the SEC labelled BUSD a security and essentially forced Paxos to stop minting it SEC chair Gary Gensler recently said that all cryptocurrencies bar Bitcoin are securities Coinbase has announced that it will cease supporting the Binance stablecoin BUSD following allegations from the Securities and Exchange Commission (SEC) that it constitutes a security…
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