Friday, March 29, 2024
Home > Distancing

Visa And Mastercard Distancing Themselves From Binance Unlikely to Hurt the Crypto Exchange, Experts Say

However, the move is unlikely to hurt the crypto exchange’s market share, given its extensive global footprint. “It’s difficult to assess the impact of this on Binance, which is still a leading exchange from a liquidity point of view,” Weisberger said. “Until that changes, people will continue to trade there,”

Read More

MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%

Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank

Read More