Search Results for "busd"
Binance to Remove ALCX, FOR, LOOM, NMR, PEOPLE, PUNDIX, SPELL, STORJ from BUSD Trading Pairs on August 25, 2023
Effective from 2023-08-25 at 03:00 (UTC), the following spot pairs will no longer be available for trading on the platform: ALCX/BUSD, FOR/BUSD, LOOM/BUSD, NMR/BUSD, PEOPLE/BUSD, PUNDIX/BUSD, SPELL/BUSD, and STORJ/BUSD.
Binance-Backed WazirX Exchange to Delist USDC, USDP & TUSD
Indian crypto platform WazirX has announced it will be delisting USD Coin (USDC), USDP, and TUSD in a move that is similar to its so-called parent company, Binance Exchange.
Binance Unveils Crypto-Powered Debit Card in Europe For Seamless Transactions Across 60 Million Merchants
Leading crypto exchange Binance has rolled out the Binance Card, a crypto debit card, in Europe that will enable users to convert their stored cryptocurrencies like Bitcoin (BTC), Binance Coin (BNB), Swipe (SXP), and Binance USD (BUSD) to fiat and spend them at more than 60 million merchants worldwide.
Binance.US Halts BUSD Services Amid Investigation
Binance.US has temporarily halted BUSD services including deposits and withdrawals, and buying, selling, and converting crypto options via the OCBS. The platform is investigating the issue and is also transitioning to new banking and payment service providers, leading to the temporary suspension of certain U.S. dollar deposit services.
Bank of America Says Binance to Benefit from Increased Supply of Its Own Stablecoin
BAC has given more clarification on how Binance’s automatic conversion of other stablecoins could impact its business as well as its own BUSD stablecoin.
Binance to Delist LTC/BUSD and DOGE/BUSD Perpetual Contracts
Binance Futures has announced its decision to delist the LTCBUSD and DOGEBUSD Perpetual Contracts.
Binance pivots to stablecoins after SEC regulatory action
Binance, the largest cryptocurrency exchange by trading volume, has turned to alternative stablecoins such as TrueUSD (TUSD) and decentralized stablecoins, following a regulatory action against its native stablecoin, Binance USD (BUSD), by the US Securities and Exchange Commission (SEC). Binance was forced to seek alternatives after the New York Department of Financial Services (NYDFS) asked BUSD issuer Paxos Trust to stop minting new BUSD altogether.
Binance to Phase Out BUSD Support by February 2024 Amid Paxos Minting Halt
Binance will discontinue support for Binance USD (BUSD) by February 2024, affecting trading, futures, and loans. Users holding BUSD are advised to convert their assets to other stablecoins or digital assets on Binance, with a 1:1 conversion rate.
SEC Ties Terraform Ruling to Binance in Securities Violations and Deceptive Practice Case
SEC links Terraform Labs ruling to Binance case, alleging unregistered securities offerings and deceptive practices in crypto trading.
Binance Replaces BUSD with TUSD and USDT in SAFU Fund
Cryptocurrency exchange Binance has replaced its Binance USD (BUSD) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether (USDT) in response to Paxos' move to stop minting new BUSD. SAFU is an emergency insurance fund established by Binance to protect users' funds in case of security breaches or other unforeseen events.
USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means
According to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.
Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High
Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.
