BUSD is suing an unnamed minor and their parents for workers’ compensation and damages following an alleged assault on one of their employees, Sara Garcia, in 2021.
Mother claims she lost her job, was called ‘anti-trans’ after opposing sexual ideology in schools
A California mother is defending herself after she was accused of transphobia and racism for speaking out against sexual ideology in the classroom.
Binance Listing Multiple Crypto With TUSD Reportedly Linked To Justin Sun – CoinGape
Binance listing a large number of cryptocurrencies with TrueUSD (TUSD) trading pairs and extending support to the stablecoin reportedly related to Tron founder Justin Sun raises questions. Binance on …
Binance’s crypto domination opportunity slips away
Binance, once heralded as the crown jewel of the cryptocurrency world, finds its supremacy shaken. The swift rise and subsequent challenges faced by the company provide a panoramic view into the …
Could lawsuits spur school boards to improve their literacy programs?
Under the settlement, BUSD agreed to implement major changes encompassing universal screening, reading intervention programs and the model for identifying students for special education. In addition, …
Has Binance blown its chance to rule the crypto markets?
The exchange that looked best placed to benefit from last year’s collapse of FTX has instead found itself beset by regulatory setbacks …
Crypto ETFs Race Keeps Expanding with Focus on Futures-based Products: Report
The number of cryptocurency-focused ETFs aiming to launch has exploded in the past two weeks, the team at NYDIG Research noted.
Bellflower Unified School District welcomes students to new school year
The Bellflower Unified School District began its 2023-24 academic year this week. Parents took pictures of their elementary students as they went off to new classrooms. Middle and high school students …
PayPal is diving deeper into crypto by launching its own stablecoin—what investors should know
PayPal is now the first U.S. financial firm to launch its own stablecoin. Here’s what to know about the dollar-pegged digital token.
PayPal Leads What Could Be A Stablecoin Stampede
While-label partner Paxos, smarting from loss of Binance token, said to be in talks with slew of financial firms.
What Are Stablecoins, Why Are Regulators Wary and Why is PayPal Getting Involved?
If you put a dollar bill under your mattress, you know you’ll get a dollar bill back when you go looking for it, and that the paper currency will still be worth $1. A branch of cryptocurrencies called …
PayPal is trying to drag its 435 million users into the $120 billion stablecoin market — here’s why
The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC. Crypto chief Jose Fernandez da Ponte explains why.
PayPal’s stablecoin is first dollar-backed digital currency from a major U.S. financial institution
PayPal on Monday launched a stablecoin to help facilitate payments. The move comes as market participants await a vote in Congress on a key stablecoin bill.
Paypal USD: Boon for Ethereum but not decentralization, says community
With PayPal announcing the launch of its new USD-pegged stablecoin, PYUSD, industry pundits see it as a good sign for Ethereum, but a bad sign for centralization.
PayPal launches first dollar-backed stablecoin from a major U.S. financial institution
PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services.
Binance CEO’s concerns spark innovative approach to stablecoins by Adam Cochran
In the wake of increasing concerns over stablecoin risks, renowned business analyst and fintech executive Adam Cochran has proposed a novel strategy to launch an algorithmic stablecoin, offering a …
The stablecoin market has shrunk this year while bitcoin has rallied — What investors should know
Bitcoin is up more than 75% this year, but the market capitalization for stablecoins has dwindled in the same period. The market cap for the dollar-backed USD Coin (USDC) has dropped about 41% since …
Binance Boosts First Digital’s Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether
More specifically, all trading fees will be waived for BTC/FDUSD, and maker fees will be 0% on ETH/FDUSD until further notice as part of Binance’s campaign. The listing comes as Binance is aiming to …
Binance starts BTC/FDUSD and ETH/FDUSD trading pairs with zero-fees
Binance introduces zero-fee Bitcoin and Ethereum trading with FDUSD stablecoin as BTC/FDUSD and ETH/FDUSD pairs are available. VIP benefits are not applicable. FDUSD market cap is still low but has …
Binance CEO’s shocking decision – why he almost shut down US arm
Binance, one of the world’s largest cryptocurrency exchanges, has found itself embroiled in regulatory challenges and faced mounting pressure from US regulators in recent months. Reports suggest that …
Binance To Destroy $2 Billion Idle BUSD On The BNB Smart Chain (BSC) – NewsBTC
Binance, the world’s largest cryptocurrency exchange by trading volume, will “destroy” $2 billion BUSD which idle on the BNB Smart Chain (BSC), per a tweet on Feb. 22. BUSD is a stablecoin issued by …