BUSD

U.S. Court Calls ETH a Commodity; Binance to 'Gradually' End Support for BUSD Products
U.S. Court Calls ETH a Commodity; Binance to 'Gradually' End Support for BUSD Products
Coin Desk Daily host Jennifer Sanasie breaks down the hottest stories in crypto today Elon Musk's social media platform X obtains money or currency transmitter licenses in seven U S states A New York court is classifying ether and bitcoin as commodities what it means for a proposed class action lawsuit against Uniswap Plus the [...]
U.S. Court Calls ETH a Commodity; Binance to 'Gradually' End Support for BUSD Products

Binance to cease BUSD support Unsplash)
Binance to 'Gradually' End Support for BUSD Products
The move follows Paxos' decision to halt minting of new BUSD.
Binance to cease BUSD support Unsplash)

Off to the Races: Crypto Community Flirts With Hamster Race Betting
Off to the Races: Crypto Community Flirts With Hamster Race Betting
Blockchain based platform Hamsters gg is putting hamsters to the race track where crypto traders can place BUSD based bets on who wins Star hamster racers like Rocky and Buster are already drawing bets of up to 500 per race The Hash panel discusses how crypto traders have found a novel way to generate returns [...]
Off to the Races: Crypto Community Flirts With Hamster Race Betting

(Rachel Sun/CoinDesk)
Centralized Stablecoins Are Problematic. Is a Decentralized Alternative on the Way?
USDC and USDT both have issues that truly decentralized, blockchain-based protocols are designed to solve.
(Rachel Sun/CoinDesk)

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)
Blockchain Financial Services Firm Paxos Sets Withdrawal From Canada
The company joins others that have decided to depart from the country in the face of increased regulatory requirements.
Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

How CFTC-Binance Lawsuit Could Impact Bitcoin; Binance’s BUSD Stablecoin Suffers $500M in Outflows
How CFTC-Binance Lawsuit Could Impact Bitcoin; Binance’s BUSD Stablecoin Suffers $500M in Outflows
In the wake of the heightened regulatory uncertainty some observers expect bitcoin to revisit the former resistance turned support near 25 000 Plus data from Crypto Quant shows that Binance USD BUSD endured over 500 million in outflows in the roughly 24 hours since the CFTC filed a lawsuit against the crypto exchange and CEO [...]
How CFTC-Binance Lawsuit Could Impact Bitcoin; Binance’s BUSD Stablecoin Suffers $500M in Outflows

(Nikhilesh De/CoinDesk)
Binance's BUSD Stablecoin Suffers $500M Outflows After CFTC Lawsuit
Some analysts say the exchange's recent move to include other stablecoins in its zero-fee trading program could have contributed to lessening dependence on BUSD.
(Nikhilesh De/CoinDesk)

Binance CEO Changpeng Zhao (Antonio Masiello/Getty Images)
Binance Curb on Zero-Fee Trading May Cost Market Share, Boost TrueUSD Stablecoin: Kaiko Research Head
Binance abolished almost all zero fee trading pairs from its platform after nine months, only keeping the promotion for the TUSD-bitcoin pair.
Binance CEO Changpeng Zhao (Antonio Masiello/Getty Images)

Stablecoins Explained: 3 Things You Need to Know
Stablecoins Explained: 3 Things You Need to Know
Stablecoins are meant to provide a predictable haven within the volatile world of cryptocurrency. Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell explains the use cases and risks you need to know about this type of cryptocurrency.
Stablecoins Explained: 3 Things You Need to Know

Binance to Convert $1B Worth of BUSD to Bitcoin, Ether, BNB and Other Tokens
Binance to Convert $1B Worth of BUSD to Bitcoin, Ether, BNB and Other Tokens
Crypto exchange Binance said it would convert 1 billion worth of Binance USD BUSD to bitcoin BTC ether ETH BNB coin BNB and other tokens to support the market The Hash panel discusses the transaction from Binance’s industry fund to BUSD which Binance CEO Changpeng Zhao said on Twitter took 5 seconds and cost only [...]
Binance to Convert $1B Worth of BUSD to Bitcoin, Ether, BNB and Other Tokens