Tag: BUSD
What will be the fate of BUSD? New Remarks From Binance CSO Patrick Hillman!
Binance CSO Patrick Hillmann said that many private and public entities have expressed interest in partnering with Binance on stablecoins, particularly in Europe and the Middle East. It also confirmed…
Another Development About BUSD: They Removed It From The Collateral Basket And Added This Stablecoin Instead!
a stablecoin and an affiliated company Reserve (RSV), BUSD would remove its support and replace it USDC announced that he would use Stablecoin Reserve (RSV) Announces It Will Now Use…
The BUSD FUD Has Created This Stablecoin! Its Value Increased by 1 Billion Dollars!
Largest stablecoin by circulating supply Tether’s USDT, rival of crypto investors, which came under regulatory scrutiny earlier this week From Binance USD (BUSD) approximately at market value 1 billion dollars…
Billions of Investments in This Altcoin After BUSD and USDC News! – Cryptokoin.com
With BUSD and USDC falling on the SEC’s target, Tether (USDT) is emerging as a clear winner. Stablecoin giant Tether has raised nearly $1 billion from its flagship token USDT…
Justin Sun Withdraws 300 Million BUSD From Binance: Here’s Why
TRON (TRX) founder Justin Sun pulled 300 million Binance USD (BUSD) from Binance and sent it to Paxos to be burned. A Twitter account called Scope Protocol was launched on…
Binance CEO Clears Question Marks About BUSD and Cryptocurrency Agenda
Changpeng Zhao (CZ), CEO of Binance, the world’s largest cryptocurrency exchange, has cleared up the question marks about Binance USD (BUSD) in the last days. Binance CEO CZ attended the…
BUSD Dropping Bitcoin Approaches $1! Is FUD Over?
It was alleged that after the New York Department of Financial Services (NYDFS) ordered Paxos not to print new BUSD and the BUSD would face the SEC. Meanwhile, we saw…
Is This Altcoin After BUSD? Suspension Order Claim! – Cryptokoin.com
Recently, the focus of regulators seems to be on Bitcoin and altcoin projects. Specifically, various steps are being taken for stablecoins pegged to a particular asset among altcoin projects. Paxos,…
The Amount of BUSD Burned by Paxos After SEC’s Move Revealed!
According to on-chain data cryptocurrency company Paxos, the SEC’s regulator Binance USD (BUSD) It burned $684 million in BUSD from cash-outs, a day after it firmly denied allegations that it…
Breaking Minute: SEC Threats Lawsuits for Other US-Based Stablecoins Including USDC After BUSD
The SEC, which recently stopped BUSD issuance by threatening a lawsuit for allegedly selling BUSD issuer Paxos unregistered securities, has made the same warning to other US-based stablecoin companies, including…
After BUSD, This Altcoin Is Dumped On Binance! – Cryptokoin.com
Revealing over the weekend, restrictive decisions by US regulators on stablecoin BUSD sparked a wave of immigration in the market. On-chain data shows institutional players are moving away from stablecoins…
Impact of BUSD Action on DeFi Protocols: This Token Suddenly Takes Off
Amid increasing pressure on centralized entities in the crypto market, decentralized finance (DeFi) platform CLiquity’s native token, LQTY, has gained more than 50%. Interest in decentralized applications continues to increase…
Binance CEO Talks About The Latest Developments in BUSD and Cryptocurrencies!
US regulators BinanceNew to Paxos, issuer of stablecoin BUSD BUSD He ordered it to cease printing. On top of that, he made a statement about BUSD. Binance CEO CZ now…
Paxos Disagrees With SEC That BUSD Is a Securities
Binance USD (BUSD) issuer Paxos has announced that it “categorically” disagrees with the US Securities and Exchange Commission’s (SEC) definition of securities. In a press release by Paxos on Monday,…
BUSD Effect: Over 800 Million Net Exits From Binance
More than $800 million has been exited from Binance in the last 24 hours following pressure from US regulators. The US regulatory agencies’ increasing pressure on the stock markets in…
Circle Behind BUSD Decision: Binance Complained to Regulators
It has been understood that the complaints of USDC issuer Circle are behind Binance’s stablecoin Binance USD (BUSD) being targeted by official institutions. According to an anonymous source who told…
Huge 145 Million Burn To Maintain Stability After BUSD Decision
After the USD stabilization of Binance USD (BUSD) broke down, Paxos burned more than $144 million in BUSD, while Tether (USDT) minted 1 billion new tokens. Whale Alert According to…
Algorand CEO Evaluates SEC’s BUSD Move
Algorand (ALGO) Foundation CEO Staci Warden said that if the U.S. Securities and Exchange Commission (SEC) puts forward clear guidelines, the central cryptocurrency exchange Kraken and its staking platform could…
This Platform Considers Freezing BUSD Reserves
Aave, one of the largest protocols in decentralized finance (DeFi), can freeze BUSD in its reserves. The U.S. Securities and Exchange Commission (SEC) licensed Binance today BUSD stablecoin took action…
Hot Development: New Statement From BUSD Issuer Paxos, Will A Lawsuit Be Filed? Here are the details
paxos, BUSD He said he absolutely disagrees with the SEC on the stablecoin. Cryptocurrency company Paxos acknowledged on Monday that it received a Wells notice from the SEC regarding its…