Crypto exchange Coinbase is dropping the Binance-branded BUSD stablecoin from its platform. According to a tweet posted Monday (Feb. 27) by Coinbase, the BUSD stablecoin failed to meet Coinbase’s own internal listing standards and as a result is slated to be de-listed next month (March 13) across...
The U.S. Securities and Exchange Commission (SEC) is doubling down on its regulation-by-enforcement approach. It is also getting a little local help from the New York Department of Financial Services (NYDFS). This, as the federal regulatory agency reportedly issued Paxos, a New York-regulated blockchain infrastructure and...
Binance announced its BUSD auto-conversion program, a company blog post said Monday (Sept. 5), which converts one-to-one USDC, USDP and TUSD stablecoins to Binance’s own BUSD. The world’s largest crypto trading platform also announced that it would remove USDC, the second largest stablecoin, from its...
June 12, 2024
Stablecoin issuer Paxos has laid off 65 people, amounting to about 20% of its workforce. These cuts come at a time when the company is working to launch and scale new regulated tokens, Bloomberg reported Wednesday (June 12), citing an email sent to Paxos employees by CEO Charles Cascarilla. Reached by PYMNTS, a Paxos spokesperson […]
February 27, 2023
Crypto exchange Coinbase is dropping the Binance-branded BUSD stablecoin from its platform. According to a tweet posted Monday (Feb. 27) by Coinbase, the BUSD stablecoin failed to meet Coinbase’s own internal listing...
September 05, 2022
Binance announced its BUSD auto-conversion program, a company blog post said Monday (Sept. 5), which converts one-to-one USDC, USDP and TUSD stablecoins to Binance’s own BUSD. The world’s largest crypto...
