BUSD News Binance-Peg BUSD

Weld Money, a crypto card provider in Ukraine, is ceasing operations due to military controls and regulatory uncertainty. Users must withdraw funds...

Conduit, a cross-border payments firm utilizing stablecoins, has secured $36 million in Series A funding to enhance its global payment...

The U.S. Senate is debating a stablecoin regulation bill, with discussions extending into a second week. Key points include: Proponents aimed for...

USDG, a new stablecoin launched in November, aims to compete with established players like Tether's USDT and Circle's USDC. It currently ranks as...

Binance filed a motion on May 16 to dismiss a $1.76 billion clawback lawsuit from the FTX estate in a Delaware bankruptcy court. Key Points of...

As competition in the stablecoin sector intensifies amid potential U.S. regulations, traditional financial institutions are increasingly concerned...

Visa's venture capital arm has invested in BVNK, a startup focused on stablecoin-based payment infrastructure. This investment signifies traditional...

The ongoing regulatory changes in the cryptocurrency sector have sparked discussions around preserving its core values while exploring new use...

The CEO of Coinbase, Brian Armstrong, has urged the Senate to discuss the GENIUS Act, which aims to establish regulations for US...

Mesh, a crypto payments firm, plans to integrate with Apple Pay. This will enable shoppers to buy products using cryptocurrencies while merchants...

The U.S. Senate and House are reviewing bills to establish a regulatory framework for stablecoins. Key points include: Senator Elizabeth Warren...

Italy raises alarm over U.S. stablecoins' impact on Europe. Finance Minister Giancarlo Giorgetti warns U.S. dollar-backed stablecoins could...

FDUSD, a stablecoin with a market cap of $2.5 billion, experienced a significant depeg to $0.91, losing approximately $200 million in market cap...

Brian Armstrong, CEO of Coinbase, emphasized the need for updated US legislation to enable stablecoin holders to earn “on-chain interest.”...

MoonPay has acquired Iron, a stablecoin infrastructure platform, enhancing its ability to facilitate stablecoin payments for businesses. The...

The discussion around stablecoins highlights their potential as an alternative to a government-controlled monetary system. Key points include: ...

Binance announced a $2 billion investment from Abu Dhabi-based MGX, marking its first institutional placement. This is also MGX's inaugural digital...

European officials warn that US-backed stablecoins threaten the euro's stability and the EU's financial sovereignty. Key points include: The...

Senators Bill Hagerty, Tim Scott, Cynthia Lummis, and Kirsten Gillibrand have introduced an updated version of the GENIUS Act to enhance the...

The draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act proposes changes in stablecoin regulation: ...

Wirex has expanded into the US market, allowing American users to make payments with stablecoins via Visa. Key points include: The partnership...

Bryan Pellegrino, CEO of LayerZero, announced a settlement with the FTX estate after two years of negotiations and legal expenses. The decision...

Bitcoin's recovery from below $90,000 raises bullish prospects, but concerns exist regarding its sustainability. Key points include: Stablecoin...

M^0, a decentralized stablecoin infrastructure layer, introduces a modular architecture and innovative revenue model. Its first distributor, Noble,...

If crypto were an ocean, Terra was a whirlpool. When that Maelstrom collapsed in May 2022, it pulled liquidity from crypto markets for a year. At...

The US government has impacted the crypto market by transferring a significant portion of its seized cryptocurrency holdings. According to...

On November 18, 2024, Binance introduced BFUSD, generating significant interest and confusion in the crypto community. Initial reactions...

FTX has initiated a $1.8 billion lawsuit against Binance and its former CEO, Changpeng Zhao (CZ), claiming fraudulent transfers and...

Today marks two years since FTX filed for bankruptcy. Sam Bankman-Fried is serving a 25-year sentence, Ryan Salame received 7.5 years, and...

The estate managing the bankruptcy of FTX is intensifying efforts to recover assets, targeting major cryptocurrency exchange Binance. A lawsuit...