BUSD

Stablecoin Issuer Paxos Lays Off 65 Employees
Stablecoin Issuer Paxos Lays Off 65 Employees
June 12, 2024  |  Cryptocurrency

Stablecoin issuer Paxos has laid off 65 people, amounting to about 20% of its workforce. These cuts come at a time when the company is...

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Coinbase Suspends Trading of Rival Binance’s BUSD Stablecoin 
Coinbase Suspends Trading of Rival Binance’s BUSD Stablecoin 
February 27, 2023  |  Cryptocurrency

Crypto exchange Coinbase is dropping the Binance-branded BUSD stablecoin from its platform. According to a tweet posted Monday (Feb. 27) by Coinbase, the BUSD stablecoin failed to...

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SEC and NYDFS Heat Puts Binance-Branded Paxos Stablecoin on Ice 
SEC and NYDFS Heat Puts Binance-Branded Paxos Stablecoin on Ice 
February 13, 2023  |  Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) is doubling down on its regulation-by-enforcement approach. It is also getting a little local help from the New...

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Binance to Auto-Convert USDC, USDP, TUSD to Its Own Stablecoin
Binance to Auto-Convert USDC, USDP, TUSD to Its Own Stablecoin
September 05, 2022  |  Cryptocurrency

Binance announced its BUSD auto-conversion program, a company blog post said Monday (Sept. 5), which converts one-to-one USDC, USDP and TUSD stablecoins to Binance’s own...

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