Is Up the Beanstalk legal in Standard, Modern, and Commander?

Up the Beanstalk is legal in: Pioneer, Legacy, Vintage, Commander, Historic. It is banned in: Standard, Modern.

Up the Beanstalk

Q: What type of card is Up the Beanstalk?

Up the Beanstalk is an Enchantment. Its oracle text reads: "When this enchantment enters and whenever you cast a spell with mana value 5 or greater, draw a card. *"It's not so bad. All you have to do is keep from looking down." —Troyan, to Kellan and Ruby*"