Binance sticking with BUSD for now, ready to explore options
Binance CEO Changpeng Zhao said the exchange is ready to make adjustments and potentially move away from using BUSD as its main trading pair.
Binance USD
Binance CEO Changpeng Zhao said the exchange is ready to make adjustments and potentially move away from using BUSD as its main trading pair.
Members of the community were confused and argued that people buying the stablecoin are not expecting it to go up in value.
The New York Department of Financial Services has dealt a blow to the cryptocurrency sector by directing Paxos Trust Co. to halt the issuance of one of the largest dollar-pegged…
U.S. Securities and Exchange Commission’s (SEC) latest probe against Paxos, the issuer of Binance USD (BUSD), has left the crypto industry triggered. However, Changpeng Zhao (CZ), CEO of Binance came…
The New York Department of Financial Services on Monday ordered Paxos Trust Co., the issuer of Binance USD (BUSD), to stop creating more of Binance’s dollar-pegged stablecoin. BUSD is the…
The New York Department of Financial Services (NYDFS) ordered stablecoin issuer Paxos to stop issuing Binance USD (BUSD).
Although some renowned media outlets claimed Binance sent a statement, CZ suggested it could be FUD.
A New York regulator ordered Paxos to stop issuing BUSD, the third-largest stablecoin by market cap.
U.S. Securities and Exchange Commission’s (SEC) crackdown on the digital asset market continues. The financial watchdog has reportedly warned to notify the Paxos Trust Co. that it is planning to…
The SEC is upping the ante in its war on the industry. After Kraken, its next target is reportedly stablecoin issuer Paxos.