Coinbase, the world’s second largest cryptocurrency exchange, said Monday it is suspending trade in the Binance USD (BUSD) as of March 13.
Coinbase to Delist Binance USD Stablecoin Amid Regulatory Scrutiny
The announcement comes weeks after Paxos disclosed regulatory trouble that centered around the Binance-branded stablecoin.
Coinbase Drops Troubled Stablecoin Binance BUSD
Crypto exchange Coinbase COIN announced today that it will suspend trading for beleaguered stablecoin Binance USD (BUSD) on March 13. The blockchain-based digital dollar, which operates on Ethereum …
Coinbase to Suspend Binance USD Stablecoin, Saying It Doesn’t Meet Listing Standards
Coinbase will suspend trading of Binance USD (BUSD) starting March 13 because the stablecoin doesn’t meet its listing standards, the U.S. cryptocurrency exchange said in a tweet Monday.
Coinbase Global to suspend Binance USD stablecoin in March
Cryptocurrency exchange Coinbase Global (NASDAQ:COIN) said Monday it will suspend trading for Binance USD because the stablecoin doesn’t meet its listing standards. “We regularly …
Is the SEC’s action against BUSD more about Binance than stablecoins?
With the recent spate of enforcement actions from the SEC, some are beginning to question the agency’s primary motives.
Binance’s Asset Shuffling Eerily Similar To Maneuvers By FTX
When you’re the world’s largest crypto exchange in a largely unregulated market, it is easy to make up the rules as you go.
BUSD NOTICE: ROSEN, TRUSTED INVESTOR COUNSEL,…
If you purchased BUSD you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action …
ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Paxos Trust Co., BUSD Token Investors to Inquire About Securities Class Action Investigation – BUSD
ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Paxos Trust Co., BUSD Token Investors to Inquire About Securities Class Action Investigation – BUSD GlobeNewswire February 23, 2023 …
La stablecoin BUSD cayó momentáneamente a US$0,20 en Binance
El miércoles por la mañana, Binance USD (BUSD), la tercera stablecoin más importante por capitalización de mercado, cayó a un mínimo de US$0,20 …
Binance USD: The Wells Notice Is A Big Deal For All Of Crypto
It started with Paxos Trust Company announcing Monday morning that it will no longer be minting Binance USD (BUSD-USD) and would be ending its relationship with Binance. According to the press …
BUSD Stablecoin Temporarily Plunges to $0.20 on Binance
Binance USD (BUSD), the third-largest stablecoin by market cap, spiked to a low of $0.20 against the DAI stablecoin as liquidity dried up on Binance.
The SEC has a stablecoin firm in its sights — and it could shake up the whole $137 billion market
The U.S. Securities and Exchange Commission (SEC) could be gearing up to take action against Paxos, over the issue of whether Binance USD (BUSD) is a security.
BNB-Bitcoin Ratio Drops to Lowest Level in Six Months on Paxos-BUSD Drama
The BNB/BTC ratio listed on Binance, the world’s largest exchange by trading volume, slipped to 0.01257 early Tuesday, reaching the lowest since Aug. 2, 2022. The pair has declined by nearly 13% after …
SEC targets Binance USD and sues Terraform Labs as Bitcoin NFTs soar
The notice alleged Binance USD (BUSD) is an unregistered security. BUSD is a Binance-branded stablecoin issued by Paxos and listed on several exchanges, including Paxos’ itBit platform. When a company …
US Regulatory Curbs Spark $900 Million Slump in Binance-Branded Stablecoin BUSD
Investors often park funds in stablecoins as they move between crypto trades. Binance is the largest crypto exchange and BUSD — also known as Binance USD — was minted by a partner, Paxos Trust Co. A …
BUSD Drama Sets Stage for Stablecoin Market Reshuffling
The uncertain future for embattled stablecoin Binance USD (BUSD) is stirring discord in the dollar-pegged crypto markets that one analyst says could accelerate into a dramatic reshuffling of the …
Tether USDT Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
Tether’s USDT, the largest stablecoin by circulating supply, has gained some $1 billion in market capitalization as crypto investors flee rival Binance USD (BUSD), which fell under regulatory scrutiny …
BUSD Drama Sets Stage for Stablecoin Market Reshuffle
Binance’s bet on its BUSD stablecoin could backfire into a revamping of who’s winning in crypto’s dollar-pegged token markets.
BUSD Stablecoin Inches Toward $1 Peg After Binance CEO Comments
The Binance USD (BUSD), the third-largest stablecoin by market cap, is returning to its intended $1 peg after Binance CEO Changpeng Zhao commented on the crypto exchange’s connection to the popular …
As BUSD Dies, Tether’s USDT Soaks Up Another $1 Billion
Stablecoin giant Tether saw its flagship token, USDT, grow by nearly $1 billion in the aftermath of a regulatory crackdown against one of its rivals, BUSD. The token’s market cap started out at $68.47 billion on Tuesday,