[Feb 15, 2023 5:00 AM] South Korea’s second-largest city, Busan, is making efforts to become a crypto hub. Busan has been designated by the Korean government as a “super-aged” city, and its officials believe that crypto could help turn things around by…
[Feb 15, 2023 4:23 AM] Matrixport’s executives believe the regulatory enforcement on BUSD will not impact all stablecoins. Moreover, according to the executive, other issues surround the crackdown. The United States regulators are striking hard on some crypto…
[Feb 14, 2023 11:04 AM] Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today's CPI report are front of mind for many investors.
[Feb 14, 2023 3:30 AM] According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya…
[Feb 14, 2023 3:15 AM] BUSD, a stablecoin issued by Paxos, a blockchain infrastructure platform in New York, is still one of the most dominant assets on Binance, the world’s largest cryptocurrency exchange by client count and trading volume. BUSD Remains Dominant…
[Feb 13, 2023 11:51 PM] Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
[Feb 13, 2023 11:22 PM] Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU."
[Feb 13, 2023 6:05 PM] Paxos said it will engage with the U.S. securities regulator on the matter and is prepared to “vigorously litigate if necessary.”
[Feb 13, 2023 1:30 PM] Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Securities and Exchange Commission…
[Feb 13, 2023 9:30 AM] Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a…
[Feb 13, 2023 7:15 AM] Binance CEO Changpeng Zhao (“CZ”) has commented on Twitter about the Department of Financial Services’ (NYDFS) directive to Paxos Trust Co. to stop minting new BUSD. As reported by the Wall Street Journal today, Paxos will…
[Feb 13, 2023 6:03 AM] According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor…
[Feb 13, 2023 5:32 AM] Binance’s BUSD which is issued by Paxos continues to be one of the largest stablecoins in the crypto market. However, it looks like the stablecoin has now made it onto regulators’ radar as New York regulators have ordered Paxos to stop issuing new…
[Feb 13, 2023 5:25 AM] All existing BUSD tokens will remain fully backed and redeemable through Paxos Trust Company by at least February 2024, Paxos said.
[Feb 13, 2023 5:23 AM] Binance CEO Changpeng ‘CZ’ Zhao says the exchange will continue to support BUSD despite issuer Paxos being ordered to stop minting the stablecoin by the U.S. SEC and New York regulators.
[Feb 12, 2023 1:04 AM] Before hitting a technical roadblock, CUD was seemingly interested in collecting tuition and course fees in cryptocurrencies from both domestic and international students.
[Feb 11, 2023 10:57 AM] The security flaw would allow the mint of an unlimited amount of arbitrary tokens. The issue was privately disclosed to the BNB team.
[Feb 10, 2023 7:30 AM] Bitcoin has declined below $22,000 in the past day as on-chain data shows deposits have risen on the crypto exchange Coinbase. Bitcoin Coinbase Exchange Reserve Has Risen Recently As pointed out by an analyst in a CryptoQuant post, the exchange…
[Feb 10, 2023 6:30 AM] Binance is adjusting fees charged to users transacting on Tron, a smart contracting platform and Ethereum competitor. Binance Increases Transaction Fees For Tron-Link Transfers In an update on February 10, Binance, the world’s largest…
[Feb 10, 2023 5:40 AM] Binance, the world’s largest exchange by user count and trading volumes, has upgraded its proof-of-reserve (PoR) verification system, per an update on February 10. Binance Integrates ZK-SNARK In Their PoR Verification System The exchange has…
[Feb 10, 2023 3:55 AM] Changpeng “CZ” Zhao, the CEO of Binance, has revealed that a severe vulnerability was identified and fixed by the BNB Core team early this week. Severe Vulnerability Fixed In The BNB Chain In a tweet on February 9, the CEO extended his thanks to…
[Feb 10, 2023 3:30 AM] Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of…
[Feb 8, 2023 10:30 PM] Indian crypto exchange Wazirx has denied the allegations made by Binance regarding the relationship between the two crypto exchanges. Emphasizing that the allegations “are false and unsubstantiated,” Wazirx stressed. “As far as…
[Feb 8, 2023 4:30 PM] Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of…
[Feb 7, 2023 1:00 PM] On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda…
[Feb 7, 2023 8:01 AM] The first-ever case of crypto insider trading highlights the need for reforms from exchanges to keep track of their employee’s trade activities.
[Feb 6, 2023 5:30 PM] Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to…
[Feb 6, 2023 2:31 PM] The announcement came without warning two days in advance, but it does not apply to Binance.US users, so only 0.01% of active users will be affected.
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