Tag: BUSD
SEC Says Binance BUSD Should Be Classified as a Security
© Reuters. WASHINGTON – The United States Securities and Exchange Commission (SEC) has taken a strong stance on the classification of Binance’s stablecoin, BUSD, and related investment services. Relying on…
Binance phases out $16 billion stablecoin BUSD, offers conversion to FDUSD
© Reuters. In a significant development in the cryptocurrency market, Binance announced that it will stop supporting its stablecoin BUSD, which currently has a market capitalization of $16 billion. The…
Attention: This is why you should sell your BUSD as quickly as possible
Binance is ending support for its legacy stablecoin BUSD. Users can exchange this until December 15, 2023. Source: BTC ECHO The post Attention: This is why you should sell…
Binance is gradually removing support for the BUSD stablecoin, starting with XRP and BNB pairs
© Reuters. NEW YORK – Leading cryptocurrency exchange Binance is set to remove some trading pairs involving the stablecoin BUSD, starting with margined trading pairs XRP/BUSD and BNB/BUSD on November…
Binance: This is why the crypto exchange is stopping BUSD loans
Traders should close Binance Loan positions with BUSD collateralization. At the end of October, the exchange will end BUSD support for loans. Source: BTC ECHO The post This is…
Why Binance Converted $1 Billion from BUSD to Bitcoin, Ether, and BNB?
Source: AdobeStock / Iryna Budanova Binance has confirmed its intention to convert the equivalent of one billion dollars into Binance USD (BUSD) from its Industry Recovery Initiative in native cryptocurrencies,…
Will Binance survive the BUSD drama?
This week, Binance was again targeted by the US authorities. More specifically, Paxos, the issuer behind stablecoin BUSD, has been ordered by both the New York Department of Financial Services…
Bitcoin: BTC course defies the bad news about BUSD
Despite the SEC investigation into crypto exchange Kraken and BUSD issuer Paxos, Bitcoin is defending an important key support. Source: BTC ECHO The article Bitcoin: BTC course defies the…
Due to SEC investigation: Binance stablecoin (BUSD) falling?
Binance and Paxos are launching their own USD stablecoin, Binance USD (BUSD), in 2019. Now the Tether competitor is at the center of new investigations by the SEC. Source:…
Paxos: That says Binance boss "CZ" on the BUSD ban
Binance CEO Changpeng Zhao explains what the regulatory measures against the operator of BUSD could mean for its exchange and the rest of the crypto sector. Source: BTC ECHO…
Binance: SEC considers lawsuit against BUSD operator Paxos
After the crackdown on crypto exchange Kraken, the US Securities and Exchange Commission is now targeting stablecoin operator Paxos and Binance’s BUSD token. Source: BTC ECHO The post SEC…
One billion BUSD: Binance recovery fund stands
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