WebMar 17, 2024 · Binance – the world’s largest cryptocurrency exchange – announced that it has converted the BUSD stablecoin it its SAFU fund. The Secure Asset Fund for Users (SAFU) was launched by the exchange back in 2024 as an emergency insurance fund in order to protect users. WebFeb 21, 2024 · The SEC has ordered Paxos to stop trading its stablecoin, BUSD and may issue charges against the blockchain platform. U.S. regulators have made a series of high-profile fines in the industry after ...
Binance
WebApr 13, 2024 · The news came about in a tweet issued by the company’s CEO Changpeng Zhao, who stated: Given the changes in stablecoins and banks, Binance will convert the remaining of the one billion Industry ... WebApr 11, 2024 · There is support and resistance at $1.15 and $1.50, respectively. Arbitrum (ARB) broke out from a short-term descending resistance line. The Arbitrum (ARB) price broke out from a short-term resistance and is in the process of breaking out from a long-term one. The Arbitrum price has decreased inside a descending parallel channel since … modern talking remix download
Paxos has to halt issuance of Binance
WebApr 12, 2024 · The release of U.S. CPI numbers later today will likely cause volatility in the Bitcoin (BTC) market. Investors tend to mine the economic data for clues about easing Federal Reserve (Fed) monetary policy. Analysts predict an annual U.S. CPI of 5.2% for March, down 0.8% from February’s 6%. WebFeb 13, 2024 · BUSD is one of the most prominent stablecoins in circulation, and it is issued and redeemed by Paxos Trust Company, which has its headquarters in New York. Paxos Trust Company and BUSD are both subject to oversight by the New York Department of Financial Services. WebFeb 13, 2024 · BUSD slipped from its U.S. dollar peg after the Paxos news broke, trading as low as 0.9950 against USDT on Binance. Analysts noted sustained flows from BUSD to USDT with over $12.5 billion in trading volume over the last 24 hours representing over 75% of the supply in circulation, compared to $4.5 billion for USDC and $39 billion for USDT. … modern talking shery shery lady