Bookmarking Crypto Insights
Auto Added by WPeMatico
Binance Australia Derivatives incorrectly classified end users as wholesale investors, according to an investigation into its onboarding services. Go to Source Powered by WPeMatico
The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital. Go to Source Powered by WPeMatico
A new partnership between Binance and Ingenico allows for in-store payments to be made in France via Binance Pay. Go to Source Powered by WPeMatico
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by … Read more
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem. Go to Source Powered by WPeMatico
Bitcoin’s upward momentum could continue according to Asian stablecoin demand and the BTC futures premium. Go to Source Powered by WPeMatico
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to its bank accounts, denying the allegation that global crypto exchange Binance has “secret access.” Clarifications by Binance US Binance US, a U.S.-based cryptocurrency trading platform … Read more
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over … Read more
Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the company was unfamiliar with the rules it needed to comply with in the U.S., the executive explained. Binance Plans to Settle With … Read more
This week’s bearish regulatory actions and rumors were not strong enough to suppress investors’ appetite for cryptocurrency. Go to Source Powered by WPeMatico