Tag: BUSD
Binance Replaces BUSD in SAFU Fund with TUSD and USDT
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Coinbase Announces Suspension of Binance USD (BUSD) Trading
Coinbase, a cryptocurrency exchange in the united states announced on March 13 that it had suspended trading of Binance USD, reassuring users that BUSD of them will still be accessible.…
Binance Turns to New Stablecoin After BUSD Crashes with SEC
Binance has started to support a new stablecoin after the Securities and Exchange Commission (SEC) legal action against BUSD (Binance USD) forced Binance to find another way to meet demand…
Coinbase halts BUSD trading, reveals non-compliance
Coinbase announced on the night of February 27, 2023 (GMT+7) that it has suspended trading of Binance USD (BUSD) since March 13 as stablecoins do not meet trading registration standards.…
Over 684 million BUSD burned for redemption in US dollars after Paxos scrutiny from regulators
Just a day after regulators claimed Binance USD (BUSD) as a security, Paxos has burned approximately $684 million of BUSD stablecoin for redemption in USD. According to information on the…
Paxos ‘strongly disagrees’ with the SEC calling BUSD a security
Paxos said it “strongly disagrees” with the US Securities and Exchange Commission (SEC) in calling Binance USD (BUSD) a security. The stablecoin issuer said it received a notification from SEC…
Circle is a complainant to NYDFS regarding BUSD reserves.
The New York State Department of Financial Services, or NYDFS, reportedly received complaints from Stablecoin Issuer Circle regarding Binance’s reserves ahead of the BUSD crackdown. As reported by Bloomberg Feb.…
Breaking news!!! The US SEC plans to sue Paxos for issuing Binance USD (BUSD) as an unregistered security.
The US Securities and Exchange Commission (SEC) has reportedly informed Paxos that it plans to sue the company. The Binance USD (BUSD) stablecoin was issued as an unregistered security in…
Binance Responds To Reports That BUSD Stablecoin Is Not Fully Supported For Some Time
Binance has responded to a Bloomberg report that the stablecoin Binance-Peg BUSD “does not always appear to be fully supported by BUSD.” In a blog post Jan. 10, Binance saidThe…
USDT, USDC, BUSD, and TUSD Pause for the Last Month of 2022
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