Market

Feb 13, 2023

​Binance CEO: BUSD is wholly owned and managed by Paxos

Changpeng Zhao believes that after the ban on the issuance of BUSD, users will switch to other assets

Feb 13, 2023

​Paxos will stop issuing new BUSD at the request of regulators

In this, the company will continue to redeem the available stablecoins on the market

Feb 13, 2023

​PayPal suspends the development of its own stablecoin

The decision comes amid intensified action by the SEC against crypto companies

Feb 10, 2023

​PayPal held $604 million in cryptocurrencies at the end of 2022

The amount of digital assets on the platform’s balance sheet amounted to 67% of total financial liabilities

Feb 10, 2023

​Blockchain Association CEO calls on Congress to end SEC’s “attack” on the crypto industry

According to Kristin Smith, regulators are driving innovation offshore and taking away online freedoms from individual users

Feb 10, 2023

​Russia and Abkhazia will create a cryptocurrency hub

The republic is already discussing the legislative framework for the new project

Feb 10, 2023

​Circle burns 4,7 billion USDC in 24 hours

All stablecoins came from the Coinbase cryptocurrency exchange

Feb 10, 2023

​3AC founders to launch the world’s first exchange for trading debt tokens

The platform’s users will be able to monetize their claims against bankrupt companies

Feb 10, 2023

​Kraken will stop providing staking services in the US

The decision was made against the background of the SEC investigation into the exchange

Feb 9, 2023

​Analyst Colin Wu learns about US authorities’ operation to de-bank crypto companies

In response, Paxos said that US regulators did not ask the company to withdraw its application for a banking license

Feb 9, 2023

​LocalBitcoins announces its closure after 10 years of operation

The platform’s customers have 12 months to withdraw funds

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