Tag: Paxos

February 17, 2023

Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted ...

Tether USDT Stablecoin Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins

February 15, 2023

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The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good For Bitcoin

February 15, 2023

I want to put aside the staking provider conversation to focus on the consequences of policies aimed at Paxos and ...

Investors Rush to Tether as Paxos’ BUSD Faces Regulatory Heat, Curve Liquidity Pools Show

The move toward tether might be a surprise because the biggest centralized stablecoin is, perhaps, the most controversial, considering it ...

Binance withdrawals and BUSD redemptions surge post Paxos crackdown

Cryptocurrency exchange Binance has seen a surge of withdrawals over the last 24 hours as investors appear to be spooked ...

Interest-Free Stablecoin Lender Liquity’s LQTY Token Surges 45% as Regulator Goes After Paxos’ BUSD

The protocol runs a two-token model like MakerDAO. The difference, however, is that Liquity doesn't have a governance system. Therefore, ...

BNB declines after Paxos ordered to stop BUSD issuance

Binance’s native coin BNB has declined nearly 6% in the past 24 hours, trading to lows of $289 on major ...

Paxos ‘categorically disagrees’ with the SEC that BUSD is a security

Paxos Trust Company has released a statement noting that it "categorically disagrees" with the United States securities regulator which has ...

Paxos Halt of BUSD Stablecoin Issuance Derails Binance Strategy for Global Dominance, With Tether’s USDT, Circle’s USDC, Maker’s DAI as Likely Gainers

February 13, 2023