2023-09-08 03:37:34
‘Bitkub’ (Bitkub), the No. 1 crypto training board in Thailand, prepares to delist Binance USD (BUSD) from the trading board on September 21, 2023, starting with the Delist sign starting today at noon.
According to Bitlub, regulators in the United States have ordered Paxos Trust Co., Ltd. (Paxos), the issuer of Binance USD (BUSD) (a digital asset collateral) to the value of USD (1 :1) Stablecoin) stopped issuing more mints due to regulatory and legal issues.
Bitkub Online Co., Ltd. has considered the facts in conjunction with Paxos’ announcement regarding the planned cessation of BUSD service which is expected in February 2024.
Therefore, it is deemed appropriate to delist (Delist) BUSD from the Company’s digital asset trading center. Because the features of the coins are no longer in accordance with the company’s service policy in the digital asset exchange center.
In order to prevent risks that may occur to customers, the company would like to inform customers and investors. Please consider and manage your BUSD coin before the company. Will withdraw the said coin from the company’s digital asset trading center Ready to post DE (Delist) sign
schedule
BUSD trading: on Bitkub Exchange available until 21 Sep 2023 at 1:00 PM BUSD withdrawal: manually exit Bitkub Exchange by 6 Oct 2023 time 13:00 If you are unable to withdraw BUSD from Bitkub Exchange within the date and time specified above, you can contact Customer Support for further assistance.
The schedule specified in this announcement is subject to change. Depending on the service guidelines of the relevant major providers, the company recommends clients and investors to follow the announcements from major providers of BUSD and the company’s announcements. closely next
Source: Bitkub
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