Binance Replaces BUSD with TUSD and USDT in its SAFU Fund
In a recent development, Binance has decided to replace BUSD with TUSD and USDT in its Secure Asset Fund for Users (SAFU). This decision came...
PAXOS IS GUILTY? NEW YORK REGULATOR SCRUTINIZING STABLECOIN ISSUER-PAXOS
The New York Department of Financial Services (NYDFS) is currently investigating stablecoin issuer Paxos; The full scope of the investigation is unclear. Paxos’ stablecoins include...
Paxos Ceases Issuance of Binance Dollar-Backed Token
The New York Department of Financial Services has issued a directive to Paxos Trust Co., a crypto firm that issues Binance’s dollar-pegged cryptocurrency, to stop...