SEC vs. Binance: Legal Showdown Intensifies Over Howey Test
The ongoing legal showdown between the #SEC and #Binance over #cryptocurrency classification seems to be escalating. #BUSD #Ripple #XRP
The ongoing legal showdown between the #SEC and #Binance over #cryptocurrency classification seems to be escalating. #BUSD #Ripple #XRP
Bloomberg stated that Binance might delist Circle’s USD Coin (USDC) stablecoin and evaluate its U.S. venture capital commitments.
According to a Reddit user’s hypothesis, Bitcoin’s value has lately risen owing to institutional actors influencing the market, including Binance CEO CZ.
According to recent revelations, BUSD reserves have dropped to levels last seen in December 2021 amid orders to Paxos to seize minting the stablecoin. Read CNL.
CZ, the CEO of Binance, asserted recently in a tweet that non-dollar stablecoins may gradually replace stablecoins pegged to the US dollar in the business.
Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows. Read CNL for more info.
The amount of transactions in Curve’s stablecoin on February 13 was $814 million, the largest daily total since Tether Fud’s release on November 10, 2022.