Stablecoin


Vídeos

Stablecoin Issuer Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security

Paxos acknowledged it received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming based on the charge that its Binance USD (BUSD) stablecoin constitutes an unregistered security, according to a Monday press release. But the stablecoin issuer said it "categorically disagrees with the SEC staff because BUSD is not a security under the federal securities laws." CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what we know so far and the larger implications for crypto regulation.

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Vídeos

Paxos To Stop Minting BUSD After Regulatory Action; IMF Issues Warning Over El Salvador’s Bitcoin Experiment

Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). The International Monetary Fund (IMF) has warned that bitcoin's risks in El Salvador should be addressed. Shares of Hut 8 Mining continue to slide after agreeing to merge with U.S. Bitcoin Corp last week.

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Mercados

Ang $16B Market Cap Up ng Binance USD para sa mga Grab habang Pinipukaw ng Paxos Regulatory Action ang Stablecoin Rivalry

Ang USDT stablecoin ng Tether ay malamang na maging isang malaking panalo dahil ang Paxos ay huminto sa pag-isyu ng Binance USD stablecoin pagkatapos na idemanda ng nangungunang US securities watchdog.

(Antonio Masiello/Getty Images)

Vídeos

Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action

Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details and the wider implications for crypto regulation.

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Finanzas

Ipinapatigil ng PayPal ang Stablecoin Project: Bloomberg

Noong Huwebes, iniulat na ang PayPal Crypto partner na si Paxos ay sinisiyasat ng NYDFS

Sede de PayPal. (Shutterstock)

Finanzas

Ang Stablecoin Issuer Tether's Reserves ay Bahagyang Pinamamahalaan ni Cantor Fitzgerald: WSJ

Ang Wall Street BOND trading powerhouse ay namamahala sa $39 bilyon na portfolio ng BOND ng Tether, ayon sa ulat.

Hedge funds are increasingly betting against Tether. (Andreas Wagner/Unsplash)

Vídeos

Stablecoin Issuer Paxos Is Being Investigated by New York Regulator

The New York Department of Financial Services (NYDFS) is investigating stablecoin issuer Paxos, CoinDesk has learned. The full scope of the investigation is unclear. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments.

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Vídeos

Tether Reports $700M Profit For Q4 2022 In Latest Attestation Report

Tether, issuer of the world's largest stablecoin, reported a $700 million profit in the fourth quarter of 2022 and said it completely moved away from holding commercial paper as part of the reserves backing its USDT token. "The Hash" panel discusses the latest from Tether and the larger implications for the stablecoin market.

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