Binance re-establishes connections with USDC a year after departing from BUSD, alongside updates on Microsoft, JPMorgan, MARA, and new crypto firm listings.
Bitcoin's price reached above $70,000, signaling potential for a new all-time high due to strong stablecoin demand. The Stablecoin Supply Ratio Oscillator indicates buying interest, with analysts like BinhDang suggesting Bitcoin could break new highs given continued demand and favorable macroeconomic conditions.
2023 marked a significant year for the crypto and stablecoin markets, with challenges faced by BUSD and USDC, and bank collapses adding instability. Binance lost its BUSD license due to Silvergate's issues.
The article discusses the evolution of stablecoins in 2023, highlighting their growth and potential impact on the financial world despite challenges faced by BUSD and USDC. The instability from central bank collapses affected Binance and Silvergate's operations.
BitBoy and NBA star Jimmy Butler agree to pay $340,000 to settle a lawsuit alleging they promoted unregistered securities via Binance.
The SEC has stopped enforcement actions against BUSD issuer Paxos, ending their investigation without further action. This regulatory update is key for BUSD's future in the stablecoin market.
SEC's decision on Binance USD (BUSD) lacks enforcement; Paxos and BUSD face allegations impacting stablecoin dominance.
The SEC investigation into Paxos has concluded with BUSD being classified as not a security.
The SEC has concluded its investigation into Paxos Trust Company regarding its Binance USD (BUSD) stablecoin, marking a significant step towards regulatory clarity for stablecoins.
La SEC ha dejado de investigar a Paxos, validando BUSD como no valor.
La SEC abandona la investigación sobre Paxos y valida el estatus de BUSD como no valor.
The SEC has closed its investigation into Paxos Trust Company's Binance USD (BUSD) stablecoin, marking a significant development for stablecoin regulation.
Una jueza ha dictaminado que BUSD no constituye un valor en la demanda de la SEC contra Binance, ordenando el fin de la fase de descubrimiento.
La SEC retiró la acción de ejecución contra BUSD de Paxos.
The SEC's decision to end its investigation into Paxos indicates that stablecoins, like BUSD, may not be considered securities in most cases.
SEC drops probe into Paxos, affirming stablecoins’ non-security status.
The SEC has concluded that BUSD is not classified as a security, bringing clarity to stablecoin regulations.
SEC withdraws investigation into Paxos, declaring BUSD is not a security.
The SEC has ended its investigation into Paxos and its stablecoin BUSD, determining that BUSD is not a security.
Paxos has laid off 65 employees, about 20% of its workforce, to focus on new regulated tokens. Despite losing revenue from BUSD stablecoin, the company remains financially strong, says CEO.