Tags: Binance USD (BUSD)

The U.S. government’s latest crypto transfers include $18 million in ETH and $13 million in BUSD amid a market rally.

Binance clarified that BFUSD isn’t a stablecoin amid comparisons to UST.

Paxos will not be charged by the SEC with issuing an unregistered security in the form of BUSD.

The last time the market cap experienced such a jump was shortly after the crash of Silicon Valley Bank.

DAI is now the third-largest stablecoin trailing behind Tether (USDT) and USDC Coin (USDC).

SEC takes legal action against Binance, accusing the cryptocurrency exchange of violating US securities laws.

Stablecoin market shrinks for the 14th month, raising concerns for cryptocurrency prices and liquidity.

Shiba Inu’s market capitalization is now worth more than BUSD, the world‘s top crypto platform’s stablecoin.

The world’s largest crypto exchange Binance has seen its market dominance dwindle following the CFTC lawsuit last month.

Tether (USDT) has emerged as the industry favorite amidst turmoil in USDC.

Users can still withdraw their BUSD, but trading for the stablecoin ends next month. 

Rising crypto prices have pushed AuM to the highest level since August 2022. 

The CEO of Binance also admitted that the two loudest crashes of 2022 have changed the regulators’ approach.

The latest blow to the crypto industry dealt by U.S. regulators caused a run on the third-largest stablecoin – BUSD.

Although some renowned media outlets claimed Binance sent a statement, CZ suggested it could be FUD.

The SEC is upping the ante in its war on the industry. After Kraken, its next target is reportedly stablecoin issuer Paxos.