Binance had reportedly acquired WazirX in 2019, according to news reports and company blog posts of Binance. It recently also suspended its wallet services to WazirX’s customers. Coinbase had listed BUSD from April of that year, according to Decrypt.Ĭloser home, Binance has been entangled in a legal battle with the country’s largest crypto exchange WazirX’s parent Zanmai Labs, questioning the ownership of the firm’s assets, which it claimed that it never had. Bitcoin 2023 kicks off, and Binance Australia halts Australian dollar deposits: CNBC Crypto World. Paxos is a blockchain infrastructure platform that entered into a licensing agreement with Binance in April 2019. Make sure you login and provide your email or phone number, select your issue from the options, if your issue wasn’t answered click ‘unresolved’ and type ‘human’ to interact with our.
In response, Paxos has said that it will not mint BUSD anymore and its relationship with Binance-branded stablecoin ends by February 2024. Please do note any support requests outside of this thread will not be attended to, thanks for understanding. BUSD doesn’t meet the exchange’s listing standards anymore, a Coinbase spokesperson told crypto news platform Decrypt.Īccording to media reports, on February 12, the US Securities and Exchange Commission (SEC) had issued a Paxos a Wells Notice, a letter sent by a securities regulator regarding a prospective lawsuit, alleging violation of investor protection law. This comes two weeks after Paxos Trust, which owned and operated BUSD since its inception in 2019, said it will stop minting the stable coin due to regulatory pressures.Ĭoinbase decided to delist the token based on its internal monitoring and reviewing process. Trading of this token will be suspended from, Coinbase Pro, Coinbase Exchange and Coinbase Prime, the company said on Twitter. “We hope to unlock more financial services for the greater blockchain ecosystem through the issuance of BUSD, including more use cases and utility through the power of stable digital assets,” said CZ.īUSD offers a medium of exchange, store of value and method of payment across the global crypto ecosystem.Crypto exchange Coinbase announced that it will be delisting Binance USD stable coin from March 13, 2023, as the token failed to meet its listing standards amidst ongoing regulatory concerns. BUSD offers a stable dollar-backed option to an otherwise volatile market. Merchants and companies often benefit from a stablecoin alternative to avoid experiencing significant price movements when sending/receiving money. Stablecoins have grown exponentially in popularity over the last years. Binance USD is 9.94 below the all time high of 1.11. In just the past hour, the price grew by 0.02.
The price declined by 0.03 in the last 24 hours.
Binance usd update#
We update our BUSD to USD price in real-time. Trusted by over 120 million users worldwide, Binance allows you to securely. The price of Binance USD has fallen by 0.02 in the past 7 days. The live Binance USD price today is 1.00 USD with a 24-hour trading volume of 1,304,971,074 USD. This digital fiat currency is issued as an ERC-20 token. Access the worlds leading blockchain ecosystem on the go, anytime, anywhere. It has a circulating supply of 5,499,801,594 BUSD coins and the max. The current CoinMarketCap ranking is 14, with a live market cap of 5,501,349,631 USD. Binance USD is up 0.02 in the last 24 hours. Launched on, BUSD aims to integrate the stability of the dollar with blockchain technology. The live Binance USD price today is 1.00 USD with a 24-hour trading volume of 1,304,971,074 USD. Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance. Merchants can now choose to accept BUSD payments for their business. dollar-backed stablecoin BUSD Quick Stats TYPE:ĬoinPayments is happy to have successfully integrated BUSD cryptocurrency to our growing list of payment solutions. Binance USD (BUSD) Live Price, Interactive Charts, Converter, News Binance.US.
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