Circle USDC Coin: Despite increasing regulatory pressure around crypto market, the US administration is far from providing a clear and distinct view. This is amid
Category: Stablecoin News
TrueUSD (TUSD) Poised For Greater Exposure With New Partnership?
With the sudden rise of crypto regulations surrounding stablecoins, TrueUSD (TUSD) stablecoin’s issuer, Archblock, announced that it will leverage Chainlink’s proof-of-reserves mechanism to enable users
Terra’s UST Peg Was Maintained Artificially, Not By Algorithm?
Terra’s indigenous stablecoin, the TerraUSD (UST), was once touted to be an engineering marvel in the blockchain sector. With its unique, dual token system–it behaved
On-Chain Data on TUSD Inflow, Bitcoin Outflow
The world’s largest crypto exchange Binance is caught up in the FUD surrounding Paxos-issued BUSD and compliance gaps with regulations. Moreover, a recent report revealed
Binance CEO CZ Reports “BUSD Situation” After Regulatory Attack
Changpeng Zhao (CZ), Binance CEO has always been vigilant against market FUD. In this pursuit, CZ went on to explain the BUSD situation and the
After BUSD Fall, Binance’s CZ Supporting This Stablecoin?
Binance CZ BUSD: After the recent probe by the U.S. Securities and Exchange Commission’s (SEC) against Paxos and the objection to issuance of Binance USD
Which Coin Next After BUSD, SEC Sues Them
Stablecoin News: In yet another case of crypto based business going away from the United States, a huge shift in dynamics is happening in the
Massive Reshuffling In Crypto Market As Binance’s BUSD Depegs To Tether
Binance’s BUSD stablecoin market capitalization continues to fall as users convert their BUSD stablecoins to Tether’s USDT. The move comes as the New York Department
Breaking: New York Regulator Orders Paxos To Stop Creating Binance’s BUSD
The New York Department of Financial Services on Monday ordered Paxos Trust Co., the issuer of Binance USD (BUSD), to stop creating more of Binance’s
Does BUSD Pass The Howey Test? US SEC Targeting Stablecoins Next?
U.S. Securities and Exchange Commission’s (SEC) crackdown on the digital asset market continues. The financial watchdog has reportedly warned to notify the Paxos Trust Co.
