![]() They’re settled in Binance’s dollar-linked stablecoin, binance USD (BUSD). The exchange's timing was notable because the launch came just a few days before Binance's biggest U.S.-based competitor, Coinbase, started trading through a direct stock listing on Nasdaq.Īccording to Binance, its new service would let users buy “stock tokens” – representing public companies’ shares or even fractions of shares. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.Binance, the world’s largest cryptocurrency exchange, has pushed into a wide range of businesses in recent years in pursuit of profit and industry dominance – from sponsoring its own blockchain, to backing a decentralized exchange, to launching its own “utility token,” BNB, now trading at an $87 billion market capitalization.īut it’s Binance’s latest venture – a foray into trading tokenized versions of stocks of Tesla, Apple and Coinbase – that’s now threatening to bring unwanted attention from national and regional regulators.īinance launched a "stock token" trading service on April 12. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. The pattern element in the name contains the unique identity number of the account or website it relates to. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.Ī variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. It does not store any personal data.Īnalytical cookies are used to understand how visitors interact with the website. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. ![]() The cookies is used to store the user consent for the cookies in the category "Necessary". ![]() The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category. These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. To stay updated on the latest Bitcoin news, including analysis of BlackRock ETF community sentiment and price trends, check out:ĭail圜oin Bitcoin Regular: BlackRock ETF? Community Sentiment, and Price Analysis Tether’s CTO Paolo Ardoino Addresses USDT Depeg Concerns To learn more about Tether’s CTO Paolo Ardoino addressing USDT depeg concerns, read here: The recent decline in BUSD’s market capitalization, coupled with the regulatory actions against Paxos and Binance, highlights the challenges stablecoins face in the cryptocurrency industry, emphasizing the need for increased compliance measures and transparency. ![]() The SEC’s lawsuits against Binance and its CEO indicate a growing focus on enforcing securities regulations in cryptocurrency, which could ultimately contribute to a more regulated and transparent industry.Binance’s termination of its relationship with Paxos demonstrates its commitment to complying with regulatory requirements and addressing concerns raised by authorities.Despite the decline in market capitalization, BUSD remains a prominent stablecoin in the crypto market.We will issue a response once we see the complaint. Our team is all standing by, ensuring systems are stable, including withdrawals, and deposits. ![]()
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