Coinbase will not allow its customers to trade stablecoin Binance USD on its exchange starting March 13th. The decision was based on Coinbase’s own reviews, which found that the stablecoin did not meet Coinbase’s listing standards, the exchange said in a tweet . Earlier this month, New York regulators told Paxos , the company issuing the Binance-branded stablecoin, to stop issuing new such...
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Why the CFTC’s Binance Lawsuit Is Good News for Coinbase
Privately held crypto exchanges are setting new lows in corporate governance. If you thought the initial bankruptcy filing for Sam Bankman-Fried’s FTX was stunning in what it revealed about how that company was run, check out the Commodity Futures Trading Commissions lawsuit against Binance today. Here’s a business empire controlled by one person, Changpeng Zhao, which has no board of directors...
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