Binance USD – DIGIT INFO

SEC will not pursue enforcement action against Paxos

DIGIT — Thu, 11 Jul 2024 15:02:24 +0000

The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.

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Binance.US not cooperating with investigation, US SEC says in filing

DIGIT — Fri, 15 Sep 2023 08:17:16 +0000

SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.”

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Binance pushes new stablecoin as it confirms plan to cease BUSD support

DIGIT — Thu, 31 Aug 2023 08:15:04 +0000

Paxos has earlier said it will halt support of Binance’s stablecoin by February 2024, now the exchange has said it will also stop support by that time.

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Binance sold USDC for another stablecoin — Coinbase CEO

DIGIT — Mon, 07 Aug 2023 13:06:00 +0000

Binance has been experimenting with relatively lesser-known stablecoins after a pause on BUSD.

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BUSD falls to fourth position among stablecoins

DIGIT — Sat, 17 Jun 2023 21:00:54 +0000

After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth position in market capitalization among stablecoins.

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Binance v SEC: Crypto industry debates ‘Tai Chi’ vs ‘Operation Chokepoint 2’

DIGIT — Tue, 06 Jun 2023 11:01:14 +0000

The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S.

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SEC’s Binance suit contains heavy mix of predictable charges, novel revelations

DIGIT — Mon, 05 Jun 2023 21:45:00 +0000

The world’s largest crypto exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely.

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Tether USDT market cap breaks ATH, Binance CEO points at regulatory caps

DIGIT — Thu, 01 Jun 2023 11:22:08 +0000

At a time when USDT is touching new market cap highs, the other stablecoins are struggling to keep their market dominance.

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USDT market share jumps amid economic uncertainty, USDC shrinks

DIGIT — Sun, 28 May 2023 17:39:56 +0000

Over the past year, Circle’s USD Coin has seen its market share decline from 34.88% to 23.05%. Tether’s USDT shows a contrasting picture.

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Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’

DIGIT — Tue, 23 May 2023 14:15:10 +0000

A mainstream report citing multiple insiders claimed that Binance mingled customer’s funds with corporate funds at Silvergate Bank.

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