Binance USD/USD Archives

5 Minutes

World

The SEC has a stablecoin firm in its sights — and it could shake up the whole $137 billion market

Sources February 20, 2023

Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images The U.S. Securities and Exchange Commission could be gearing up to...

3 Minutes

World

Crypto markets on edge as U.S. regulatory crackdown on industry intensifies

Sources February 14, 2023

Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images Digital currency markets are on edge after a flurry of aggressive...

2 Minutes

Technology

Paxos ordered to cease minting Binance stablecoin by New York regulator

Sources February 13, 2023

Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial regulator, Binance founder Changpeng Zhao...

2 Minutes

World

U.S. Treasury bond yields rise — and stock markets fall — on January jobs report

Sources February 7, 2023

Sean Gallup | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need...

2 Minutes

World

U.S. Treasury bond yields rise — and stock markets fall — on January’s jobs report

Sources February 7, 2023

4 Minutes

World

A stablecoin collapse could spill into the U.S. bond market and economy, professor warns

Sources January 13, 2023

The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has warned that the failure of...

2 Minutes

Technology

Binance CEO Zhao brushes off $2.1 billion FTX clawback concerns

Sources December 15, 2022

Binance chief executive Changpeng “CZ” Zhao dismissed concerns that his company could have $2.1 billion clawed back as a result of FTX’s bankruptcy proceedings, in an appearance on Squawk Box Thursday morning, and told...