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State of Crypto: Interpreting the Paxos-Binance Tea Leaves


Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...

South Korea’s Second-Largest City Aims to Become a Crypto Hub


South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto could help turn things around by attracting young people, tech startups,...

Binance’s CZ says BUSD Funds in Paxos are #SAFU


Changpeng Zhao, Binance CEO, recently announced that the exchange will still support BUSD. The statement was issued after New York regulators and the SEC ordered Paxos to restrict the stablecoin’s minting. The New York Department of Financial Services (NYDFS) told Paxos, the company that made...

Konec ambiciózního stablecoinu burzy Binance?


Američtí regulátoři se rozhodli učinit víceúrovňový výpad proti kryptoměnám. Zatím poslední obětí je stablecoin Binance USD, nemuselo by ale u toho nutně skončit

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