2023-2-21 23:00 |
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
Despite the minting of $50 million in TUSD, Zhao previously said the regulatory crackdown on stablecoins in the U.S. will cause the USD-back stablecoin market to “shrink.”
2023-2-17 05:22 | |
|
|
Binance has revealed that it would remove USD Coin (USDC), TrueUSD (TUSD), and Paxos Standard (USDP) as tradeable assets on its platform and convert its users’ balance in these stablecoins to Binance USD (BUSD) by September 29.
2022-9-6 22:21 | |
|
|
Cryptocurrency exchange Binance is to convert its users' holdings in three major stablecoins - USDC, USDP and TUSD - into its own stablecoin BUSD.
2022-9-6 20:33 | |
|
|
Russia plans to stop all unregulated crypto activities within the country. But the CBR will accept compliant cryptocurrency investment in stablecoins that can be backed by gold reserves to compete against the US Dollar.
2022-1-25 23:39 | |
|
|
Hong Kong’s securities regulator says the world needs a united response to stablecoins like Libra to avoid firms setting up in laxer jurisdictions.
2019-11-7 13:00 | |
|
|
On December 4, 2018, our CEO, David Bailey, made an exciting announcement: Bitcoin Magazine would be returning to its roots and shifting its focus to Bitcoin-related stories only.
2019-1-3 07:24 | |
|
|
Stablecoins are all the rage, and everyone’s trying to become the next Tether. Although these tokens have their value fixed, that doesn’t stop people from trying to get money out of them: Uphold lets users lend out their tokens for (potentially) better interest than a savings account, and Gemini dollars reached 120 cents on some exchanges.
2018-10-24 16:32 | |
|
|
| Analogue Notcoin - TapSwap |
The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant. Like regular stablecoins, USDP is designed to…
Серия пилотных испытаний сети блокчейнов, соединяющих между собой банки и финансовые учреждения, стала одним из крупнейших экспериментов на рынках капитала, узнало издание Bloomberg. В эксперименте участвовали международные мега-корпорации, в том числе Goldman Sachs, BNY Mellon, Cboe Global Markets.
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin.
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services.
A Bitcoin miner who mistakenly received the 19.8 BTC in fees returned the funds to the New York-based regulated blockchain, Paxos. On Sept. 10, a BTC transaction that moved only nearly $2,000 had a payment fee of $500,000. Later, on…
Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.
The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.