Binance to halt BUSD support due to legal issues

2023-8-31 13:50

On Aug. 30, Binance informed users via its in-app notification about its intended discontinuation of the BUSD stablecoin support in early 2024. Binance intends to cease support for the BUSD stablecoin.

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Источник: btcmanager.com

support busd → Результатов: 15

Binance To Delist Eight BUSD Trading Pairs Soon, End Full BUSD Support By 2024

The world’s largest exchange, Binance, has announced plans to delist eight Binance USD (BUSD) trading pairs as the company looks to withdraw full support of the stablecoin by 2024. This follows increased regulatory pressure on the stablecoin in 2023, which has led to a drastic decline in its market share so far.

2023-8-30 17:00	Paxos
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BNB Price Drops After BUSD Crackdown, Upsides Turn Attractive to Bears

BNB price (Binance coin) started a strong decline against the US Dollar after BUSD’s crackdown. BNB traded below $300 and is now showing bearish signs. Binance coin price started a fresh decline below the $300 support against the US Dollar.

2023-2-14 09:50	bnbusdt
price bnb against coin started below dollar

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Paxos terminates relationship with Binance as it halts BUSD issuance

Paxos has also halted the minting of new BUSD tokens as ordered. Existing BUSD will however remain fully-backed and redeemable via Paxos until at least February 2024 Binance CEO says exchange will continue to support BUSD Paxos, the blockchain and tokenization platform that also issues the stablecoin Binance USD (BUSD), has announced it is terminating […] The post Paxos terminates relationship with Binance as it halts BUSD issuance appeared first on CoinJournal.

2023-2-13 15:35	Paxos
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Cardano to Get Support of Binance's BUSD Thanks to This Bridge

Cardano becomes even more robust as new solution drops thanks to bridge

2023-1-24 13:11
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WX Network introduces new liquidity pool pairs to support Waves

The WX Network is introducing three new pairs in liquidity pools to support the Waves token. These include WAVES/BUSD, WAVES/USDT, and WAVES/USDC. Users can vote for the pools on the governance page to give them the WX emission label. Providing…

2022-12-24 18:58	Waves
waves liquidity network pools support new pairs

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TrustWallet to support cross-chain swaps via THORChain

TrustWallet announces the ability to swap pairs across BTC, ETH, BNB and BUSD directly in the app, as it partners with THORChain. Cross-chain swaps are now possible on Trust Wallet On Thursday, the Trust Wallet team announced on Twitter that…

2022-12-16 18:01	Altcoins
trustwallet wallet trust thorchain cross-chain swaps partners

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Polygon and Avalanche Now Support Binance's BUSD Stablecoin

Binance USD (BUSD), Binance’s house-own stablecoin, is now available on Avalanche and Polygon

2022-9-21 23:08
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Why Binance Is Booting USDC, Two Other Stablecoins Out Of Exchange In Favor Of BUSD

Binance, the world’s largest cryptocurrency exchange by trading volume, recently shocked the crypto community when it announced that it would cease trading support for a bunch of stablecoins.

2022-9-8 19:43	USDC
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Circle CEO says Binance decision to stop USDC support is good as it increases utility

Circle CEO Jeremy Allaire said Binance’s decision to convert its users’ USD Coin (USDC) holdings to its Binance USD (BUSD)stablecoin is good. The post Circle CEO says Binance decision to stop USDC support is good as it increases utility appeared first on CryptoSlate.

2022-9-7 16:30	USDT
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Binance to halt support for USDC as a tradable asset

Binance, the world’s largest cryptocurrency exchange by volume, has announced it will auto-convert users’ USD Coin (USDC) and two other stablecoins into the native Binance USD (BUSD) starting 29 September 2022.

2022-9-7 23:03	USD Coin
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Binance Supporting Flow Blockchain with BUSD Stablecoin

New York, September 17, 2020 — Binance, the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, announced today the agreement to support BUSD stablecoin on Flow, the blockchain developed by Dapper Labs, the company behind CryptoKitties and NBA Top Shot.

2020-9-17 18:30	StableCoin
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Amidst DeFi Boom, Binance Lists Two New Hot DeFi Tokens Maker (MKR) & DAI

Leading spot cryptocurrency exchange Binance is listing MakerDAO’s governance token Maker (MKR) and stablecoin DAI. The exchange is adding support for eight trading pairs viz. MKR/BNB, MKR/BTC, MKR/BUSD, MKR/USDT, DAI/BNB, DAI/BTC, DAI/BUSD, and DAI/USDT.

2020-7-24 19:23	Binance
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BitPay Partners With Binance to Support BUSD Payments Around the World

Through BitPay card, Binance's stablecoin BUSD can now be used for payments in all 50 U.S. states

2020-4-28 16:30	United States
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Paxos to expand Euro presence through acquisition of Membrane Finance

Paxos is looking to expand its presence in the European Union through a new deal for Finland-licensed e-money platform Membrane Finance. Paxos, which issues stablecoins such as Pax Dollar, PayPal USD (PYUSD), and Pax Gold (PAXG), disclosed the potential deal…

Binance launches BFUSD stablecoin offering 19.55% APY

Binance has introduced a new stablecoin, BFUSD, with an annual percentage yield of 19.55%. The stablecoin is designed to appeal to crypto users seeking passive income. The total supply of BFUSD is capped at 20 million tokens, and the stablecoin…

Tether to invest in Quantoz to support MiCA-compliant stablecoins

Tether will invest in Quantoz Payments to support the launch of euro and U.S. dollar-pegged stablecoins, EURQ and USDQ. In an announcement on Nov. 18, Tether revealed plans for an upcoming investment in the Netherlands-headquartered payments firm to facilitate the…

Kraken-backed stablecoin issuer Quantoz to launch two MiCAR compliant tokens

Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —…

Could crypto save the U.S. from a debt crisis, will it push Bitcoin above $150k?

Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America’s $35.46 trillion and rising debt threatens the U.S. dollar’s status as…

Binance will launch USUAL stablecoin on Nov. 19

Binance will be the first platform to launch the stablecoin USUAL on Nov. 19. The crypto exchange will provide trading support for USDT and USUAL trading pairs. In a notice published on Nov. 14, Binance announced the 61st project that…

Transfero integrates Wormhole as interoperability provider

Transfero, a stablecoin issuer focused on Latin American currencies, has tapped Wormhole as its interoperability provider. The Brazil-based fintech company announced the development on Nov. 13, noting that integrating Wormhole (W) will help power its stablecoins amid a multi-chain approach.…

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2023-8-31 13:50

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