Binance USD
Top US crypto exchange Coinbase is weighing in on the regulatory uncertainty swirling around stablecoins this week. The issue is getting attention because New York-based crypto company Paxos said on…
Paxos acknowledged it received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming based on the charge that its Binance USD (BUSD) stablecoin constitutes an unregistered…
Binance’s bet on its BUSD stablecoin could backfire into a revamping of who’s winning in crypto’s dollar-pegged token markets.
Key Points: In a wide-ranging Twitter Spaces AMA on February 14, Binance co-founder and CEO, Changpeng Zhao (CZ), addressed the ongoing FUD around stablecoin BUSD. As mentioned in an earlier…
Binance’s Chief Executive Officer Changpeng “CZ” Zhao distanced himself from the Binance-branded stablecoin BUSD, after regulatory action caused minting to cease. “BUSD is not issued by Binance,” CZ said at…
New York-based crypto company Paxos is pushing back against the idea that stablecoin Binance USD (BUSD) is a security.
The Securities and Exchange Commission’s direction to Paxos to cease issuing new units of Binance’s dollar-pegged cryptocurrency Binance USD (CRYPTO: BUSD), has triggered reactions from industry experts, who believe that…
The Binance USD (BUSD), the third-largest stablecoin by market cap, is returning to its intended $1 peg after Binance CEO Changpeng Zhao commented on the crypto exchange’s connection to the…
The $700 million redemption of the BUSD stablecoin in just 27 hours represents 6% of the total coins in circulation.
Changpeng Zhao on Tuesday distanced himself from the Binance-branded stablecoin.
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