Paxos
BUSD Stablecoin Inches Toward $1 Peg After Binance CEO Comments
Changpeng Zhao on Tuesday distanced himself from the Binance-branded stablecoin.
BUSD Stablecoin avança em direção ao valor de US$ 1 após comentários do CEO da Binance
Changpeng Zhao se distanciou na terça-feira da stablecoin da marca Binance.
BUSD Stablecoin avanza hacia la paridad de $ 1 después de los comentarios del CEO de Binance
Changpeng Zhao se distanció el martes de la moneda estable de la marca Binance.
Le BUSD Stablecoin se rapproche de 1 $ après les commentaires du PDG de Binance
Changpeng Zhao s'est distancié mardi du stablecoin de marque Binance.
La stablecoin BUSD si avvicina al peg di 1 dollaro dopo i commenti del CEO di Binance
Changpeng Zhao martedì ha preso le distanze dalla stablecoin targata Binance.
Bitcoin Above $22K 'Remarkable' Sign of Resilience: ProChain Capital President
Bitcoin (BTC) remains above $22,000 despite increased regulatory pressure on the industry after Kraken's $30 million SEC settlement and Paxos receiving a Wells Notice. ProChain Capital President David D. Tawil shares insights into BTC's resilience amid macro headwinds and the impact of CPI data. Plus, takeaways from Tuesday's Senate Banking Committee hearing on safeguarding financial digital assets.
Former SEC Chief Counsel Says Agency Needs to Make Clear Its Crypto Compliance Rules
“When the SEC tells us that something is not compliant, it’s not necessarily the same thing as telling us what they would consider compliant,” said TuongVy Le, a partner and head of regulatory and policy at investment firm Bain Capital.
Binance CEO: BUSD Is Not Issued by Binance
Binance’s Chief Executive Officer Changpeng “CZ” Zhao distanced himself from the Binance-branded stablecoin BUSD, after regulatory action caused minting to cease. “BUSD is not issued by Binance,” CZ said at a Twitter Spaces on Tuesday. “We have an agreement to let them [Paxos] use our brand, but that's not something that we created.” "The Hash" panel discusses the latest developments and industry implications amid mounting U.S. crypto regulatory pressure.
Bain Capital Crypto Partner on Catalysts That Could Kill Crypto Staking
Bain Capital Crypto Partner and Head of Regulatory and Policy TuongVy Le weighs in on the U.S. Securities and Exchange Commission's recent settlement with crypto exchange Kraken and its Wells Notice to Paxos. As the former Chief Counsel at the SEC's Office of Legislative and Intergovernmental Affairs, she notes "blindly and mechanically applying the existing securities laws...could potentially kill something like staking."
