Crypto EcoBlog
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Read More »Here’s When Paxos Will Stop Minting Binance USD (BUSD)
The US-based blockchain infrastructure platform – Paxos Trust Company – will stop the issuance of new Binance stablecoins (BUSD) from February 21. Despite this, the firm said it has a “strong corporate balance sheet” and vowed to continue servicing new and existing clients. Ending the Relationship With Binance As directed by the New York State Department of Financial Services (NYDFS), Paxos will halt minting new BUSD tokens next week (February 21). However, the entity will...
Read More »Binance CEO Finally Comments on Paxos BUSD Case with SEC, Confirms All Funds Are Safe
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Read More »Paxos Faces Lawsuit from SEC over BUSD Investor Protection Violations
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Read More »FTX Hacker Still in Possession of $339M in Digital Assets, Including $215M Worth of ETH
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Read More »Paxos Freezes FTX-Linked Accounts with $19 Million
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Read More »Mastercard to Launch New Program to Enhance Bank’s Involvement in Crypto
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Read More »Plynk and Paxos Join Hands to Give New Traders Access to Crypto
Investment app Plynk is announcing the launch of what it’s calling Plynk Crypto, a new division that will permit novice traders to gain exposure to some of the world’s largest and most popular digital assets. Plynk Is Stepping into the Crypto Space At the time of writing, the application is allowing customers to hold bitcoin, Ethereum, bitcoin cash, and Litecoin through the Paxos Trust Company, which Plynk is partnering with. Plynk is designed for new investors or those...
Read More »#929 Mastercard Partner Krypto Programm & PayPal Bitcoin Trading durch Paxos
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 929. Heute sprechen wir über folgende Themen: Mastercard stellt neue Partner für Kryptowährungs-Programm vor & PayPal will offenbar Krypto-Trading über Paxos anbieten. 1.) Mastercard stellt neue Partner für Kryptowährungs-Programm vorhttps://www.btc-echo.de/mastercard-stellt-neue-partner-fuer-kryptowaehrungs-programm-vor/ 2.) PayPal will offenbar Krypto-Trading über Paxos...
Read More »Binance Launches Feature for Converting BUSD into Selected Stablecoins
Major crypto exchange Binance has announced a new Binance USD (BUSD) conversion function on its platform. Beginning immediately, users can now instantly convert a select number of stablecoins into the BUSD.Binance BUSD ConversionAccording to the announcement, the supported stablecoins for the new feature include Paxos Standard (PAX), USD Coin (USDC), TrueUSD (TUSD) and Tether’s USDT. For the first three, the announcement states that conversion to BUSD will be settled at 1:1. Binance will...
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