Browsing Tag
#Binance USD
20 posts
Binance USD market cap falls below $10B amid rising regulatory concerns
Binance USD’s (BUSD) market cap has fallen below $10 billion for the first time in almost two years…
Is the SEC’s action against BUSD more about Binance than stablecoins?
The SEC’s enforcement action against BUSD raises questions about whether the regulatory body is focused on the stablecoin…
Circle blew the whistle on Binance reserves to NYDFS: Report
The company’s complaint to the New York regulator reportedly came before NYDFS ordered Paxos to “cease minting” its…
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has…
Binance to support BUSD while exploring non-USD stablecoins, CZ says
Binance CEO Changpeng “CZ” Zhao says the exchange will continue to support BUSD despite issuer Paxos being ordered…
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Cryptocurrency exchange Binance has seen a surge of withdrawals over the last 24 hours as investors appear to…
Breaking: Paxos reportedly ordered to stop issuing Binance USD
A New York regulator ordered Paxos to stop issuing BUSD, the third-largest stablecoin by market cap. The New…
Are stablecoins securities? Well, it’s not so simple, say lawyers
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range…
Stablecoin issuer Paxos reportedly probed by New York regulators
Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is…
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Stablecoins in the cryptocurrency market help provide U.S. dollar-pegged tokens within the volatile industry. In bull markets, the…