Coinbase Suspends Trading of Select Assets: A Look at Impact and Regulations

Coinbase has announced the suspension of trading for certain assets, including PAXG-PERP and ZORA-PERP, on its International Exchange platform, effective May 1, 2025. This decision follows Coinbase’s ongoing evaluation of assets to ensure compliance with their standards, prompting discussions about asset stability and exchange reliability among market participants. The specifics behind the suspension remain unclear, but it echoes past actions by Coinbase in New York where they suspended trading for memecoins FLOKI, TURBO, and GIGA in March 2025. This move aims to comply with regulatory standards and align with their asset monitoring policies.