Coinbase to Suspend Trading on Seven Crypto Pairs

Coinbase Global, Inc. confirmed the suspension of trading for specific order books, including ANKR-GBP and AXS-EUR, effective December 15, 2025, to consolidate liquidity and improve market health.

Eligible trades will continue on USD markets, indicating a shift towards liquidity in USD-based trading pairs.

Coinbase Halts Trading on ANKR, AXS, CGLD, and LRC Pairs

Coinbase announced plans to suspend trading for the ANKR-GBP, AXS-EUR, AXS-USDT, CGLD-EUR, CGLD-GBP, LRC-USDT, and LRC-BTC pairs on December 15, 2025. The modification seeks to consolidate liquidity and enhance overall market health by prioritizing more active markets.

The suspension will impact specific trading pairs but leaves options open for trading the affected tokens via USD order books for eligible Coinbase Advanced users. This aligns with enhance trading efficiency by focusing on high-liquidity markets.

As of publication, no major statements from influential figures or official regulatory bodies have directly addressed the change. Community responses have primarily noted the routine nature of such modifications within Coinbase’s broader trading strategy.

Trend Towards USD Pairs Continues with Strategic Suspensions

Did you know? Coinbase’s suspension of specific trading pairs continues a strategic trend aimed at consolidating market activities towards USD pairs, a move increasingly observed since earlier actions involving assets like CLV, EOS, and LOKA.

Ankr (ANKR), a token involved in the suspension, currently holds a market cap of 74.04 million USD with a price of $0.01. It experienced a 51.98% decrease over the last 90 days, according to CoinMarketCap.

Analysis by the Coincu research team suggests Coinbase’s consolidation efforts reflect a broader industry trend towards improving liquidity. Enhancing core USD order books may provide better trading conditions amidst fluctuating market dynamics.

This aligns with Coinbase’s approach to enhance trading efficiency by focusing on high-liquidity markets.

As of publication, no major statements from influential figures or official regulatory bodies have directly addressed the change.