Dogecoin (DOGE) Foundation Member Sounds Alarm Over BUSD Mess
DOGE Foundation’s Mr. Cannoli tips off the DOGE Army on how to keep its beloved canine coin safe.
Binance snags former Gemini compliance officer amidst scrutiny over BUSD
Binance has hired and promoted a compliance executive who formerly worked for its competitor, Gemini, according to a February 14 report from the Wall Street Journal.
Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure
The BUSD supply has decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure.
Binance’s CZ Distances Himself from BUSD Stablecoin; SEC’s Latest Crypto Scrutiny
“The Hash” squad weighs in on today’s top stories, including Binance’s Chief Executive Officer Changpeng “CZ” Zhao distancing himself from the Binance-branded stablecoin BUSD, after regulatory action caused minting to…
Rival Stablecoin Warned NY Financial Watchdog About BUSD
“The regulator for the capital of capital markets does not need a single company to bring to its attention a widely evidenced and reported situation,” says Circle spokesperson
Paxos To Stop Minting BUSD After Regulatory Action
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a…
Binance CEO Distances Himself From BUSD Stablecoin as Regulators Act
CZ said Binance will continue working with other stablecoin issuers, and noted he’s skeptical about claims Circle raised alarm bells with regulators.
Nearly $1 billion in crypto outflows from Binance in a day as Paxos suspends BUSD minting
After the cryptocurrency sector was hit by the news that crypto firm Paxos, the issuer of Binance dollar-pegged stablecoin, was ordered by the regulators to halt the BUSD minting, nearly…
$900 million in crypto leaves Binance in a day as Paxos suspends BUSD minting
After the cryptocurrency sector was hit by the news that crypto firm Paxos, the issuer of Binance dollar-pegged stablecoin, was ordered by the regulators to halt the BUSD minting, nearly…
Was BUSD, Binance’s Shadow Bank Solution to Access USD-Decode the Truth Here!
Binance appears to be in deep waters as the platform has been speculated to carry out multiple administered moves in the past and in the present time as well. Recently,…
