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Nalezeno "BUSD": 238

Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud

17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging that Kwon and his company orchestrated “a multibillion-dollar crypto-asset securities fraud.” The securities watchdog insists that Kwon raised billions from...

Bitcoin bulls aim to hold this week’s BTC gains leading into Friday’s $675M options expiry

16.2.2023
$675 million in BTC options are set to expire on Feb. 17, but bears could aim to take control by pushing Bitcoin price below $22,000

TrueFi’s TRU Token Rallies Over 200% After Binance’s TUSD Mint Sparks Speculation

16.2.2023
The rally appears to come from traders mistakenly connecting TRU with TUSD, a stablecoin that had been issued by TrueFi in the past but now no longer is

BUSD Drama Sets Stage for Stablecoin Market Reshuffle

16.2.2023
Binance’s bet on its BUSD stablecoin could backfire into a revamping of who’s winning in crypto’s dollar-pegged token markets

Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals

16.2.2023
Tether's USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing BUSD, the third-largest stablecoin

Tether USDT Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins

15.2.2023
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny

The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good For Bitcoin

15.2.2023

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

15.2.2023
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...

BUSD Stablecoin Inches Toward $1 Peg After Binance CEO Comments

15.2.2023
Changpeng Zhao on Tuesday distanced himself from the Binance-branded stablecoin

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure

14.2.2023
The BUSD supply has decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure

Stablecoins Are Not New. So Why Are Regulators Attacking Paxos?

14.2.2023

Binance CEO Distances Himself From BUSD Stablecoin as Regulators Act

14.2.2023
CZ said Binance will continue working with other stablecoin issuers, and noted he’s skeptical about claims Circle raised alarm bells with regulators

Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show

14.2.2023
Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said

Binance's Stablecoin Under Fire: Rival Circle Sounds the Alarm to NY Regulators

14.2.2023
Circle, the US-based payments company that issues the stablecoin USD coin (USDC), alleged that major crypto exchange Binance did not fully back some of its own stablecoin proxies - and on Monday, blockchain infrastructure platform Paxos was ordered to cut its connection with Binance in regard...

Paxos and Binance end their partnership for BUSD, halting its minting

14.2.2023
Paxos has published a media statement to announce that it will soon halt the minting of BUSD. The development comes after the blockchain and tokenization infrastructure platform announced that it would end its relationship with Binance for the issuance of BUSD. This goes into effect on February...