Tags: binance us

Regulators say Paxos failed to monitor Binance effectively, allowing $1.6B in criminal-linked transactions to pass through the platform.

The U.S. government’s latest crypto transfers include $18 million in ETH and $13 million in BUSD amid a market rally.

Binance clarified that BFUSD isn’t a stablecoin amid comparisons to UST.

Paxos will not be charged by the SEC with issuing an unregistered security in the form of BUSD.

Galaxy Digital CEO Mike Novogratz believes Binance has satisfied regulators and users after its $4.3 billion settlement with United States authorities.

Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD

Crypto Regulation News Weekly Digest: CZ’s Guilty Plea and Grayscale’s Bitcoin ETF Prospectus

The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law.

Binance US Ends FDIC Insurance for Crypto Holdings, Citing Updated Terms of Service

Circle noted that assets pegged to USD are not securities, partly because users are not expecting any profit from acquiring them.

SEC Challenges Binance US‘s Objections in Latest Court Motion – Here‘s What You Need to Know

SEC to Unseal Documents in Legal Case Against Binance US – Here‘s the Latest

SEC Accuses Binance.US of Non-Cooperation in Probe Over Securities Law Violations

SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.”

Binance US Loses Key Executives as Regulatory Issues Intensify – Here‘s the Latest

Hearing Date Set for Binance vs. SEC Lawsuit Motions in Ongoing Legal Battle – Here‘s What You Need to Know

Paxos has earlier said it will halt support of Binance‘s stablecoin by February 2024, now the exchange has said it will also stop support by that time.

After having its banking ties slashed, crypto exchange Binance.US has revived its U.S. dollar on-ramp through a new partnership with MoonPay.