News with the tag "binance usd"

The market capitalization of stablecoins has jumped by $37.6 billion since U.S. president Donald Trump’s electoral victory in November. A new report from on-chain analytics provider CryptoQuant has revealed that the total value of USD-denominated stablecoins in circulation has jumped to a new record...

Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships.

The stablecoin market has achieved a significant milestone, surpassing $200 billion in total market capitalization , according to data from CoinGecko . This marks a 13% increase over November, reflecting the growing adoption of stablecoins as a key asset in the cryptocurrency ecosystem. Analysts fro...

On December 3, the U.S. government moved $33.6 million worth of cryptocurrency seized during the collapse of FTX and Alameda Research to two unidentified addresses. The transfers involving tokens such as Ethereum (ETH), Binance USD (BUSD), Wrapped Bitcoin (WBTC), and Shiba Inu (SHIB) stirred curiosi...

Binance clarified that BFUSD isn’t a stablecoin amid comparisons to UST.

SEC drops inquiry into Paxos’ Binance USD (BUSD) with no enforcement action delivering key development in stablecoins’ regulatory context. … The post SEC Drops BUSD Stablecoin Investigation in Key Win for Paxos first appeared on The Crypto Basic .

Paxos will not be charged by the SEC with issuing an unregistered security in the form of BUSD.

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

The crypto industry notched another win against the U.S. SEC, scoring a de-factor admission that stablecoins are not securities.

Binance will halt support for BUSD product in mid-December.