Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure
Members of the Aave community are examining whether to freeze BUSD on the platform and the stablecoin's issuer, Paxos, was sued by the SEC today. Original Source
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Binance
Binance Says BUSD ‘Funds Are Safu’ but a Regulatory Cloud Is Forming Over the US
February has been a great month for the narrative that crypto’s natural home is in Asia. Original Source
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Paxos to stop minting BUSD stablecoins for Binance
Blockchain infrastructure platform Paxos Trust Company will halt the issuance of new Binance USD (BUSD) stablecoins amid the ongoing probe by New York regulators.Paxos officially announced on Feb. 13 that the firm would end its relationship with Binance for the branded U.S. dollar-pegged stablecoin BUSD.Starting from Feb. 21, Paxos will
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Binance to support BUSD while exploring non-USD stablecoins, CZ says
Cryptocurrency exchange Binance plans to continue supporting its Binance USD (BUSD) stablecoin despite its issuer, Paxos Trust Company, facing a stop order from American regulators.As reported by Cointelegraph, the New York Department of Financial Services (NYDFS) has ordered blockchain firm Paxos to cease issuing dollar-pegged stablecoin BUSD. Paxos has also
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Paxos reportedly ordered to stop issuing Binance USD
The New York Department of Financial Services (NYDFS) has ordered blockchain company Paxos Trust to stop the issuance of dollar-pegged Binance USD (BUSD) stablecoin. The New York regulator’s actions come shortly after the United States Securities and Exchange Commission (SEC) issued a wells notice to Paxos — a letter the regulator uses to tell
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Canadian University Dubai backtracks on accepting crypto via Binance Pay
Not even 24 hours after the Canadian University Dubai (CUD) announced its partnership with Binance Pay to accept course fees in cryptocurrencies, a technical roadblock watered down the excitement behind the short-lived initiative.CUD, a private university in Dubai, was seemingly interested in allowing students — both domestic and international —
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Kraken’s staking down, FTX post-bankruptcy hell, Binance news…
Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United States clients after reaching an agreement with the U.S. Securities and
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Binance upgrades Proof of Reserves verification to include zk-SNARKs
On Feb 10, Cryptocurrency exchange Binance announced a major upgrade to its Proof of Reserves Verification system to include zk-SNARKs — a cutting-edge technology that Binance says will allow it to verify its reserves in a more secure and transparent manner.3. Product and Service. Plus transparency.The #Binance Proof of Reserve system
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Binance Recruits Brussels Lobbyist as EU Develops Crypto Rules
The Policy Comms Director would be “responsible for shaping a communications narrative and creating impactful campaigns around corporate, regulatory and political developments impacting the company across the EU,” said a job ad posted on the Binance website, which also cites blogs and social media that would be designed to reach
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Binance USD Suspension and Custodia Rejection Raise Concerns Over Future of Crypto Banking
Without Custodia in this mix of bank-related crypto news, I’m not sure this piece of the news cycle would have anything worth paying close attention to for long. A lot of crypto is predicated on trading, gambling and “number-go-up technology” butting up against nebulous financial securities laws – so skittishness
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