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Binance
Circle Sounded Alarm on Paxos, Told NYDFS Binance’s Stablecoin Wasn’t Fully Backed: Bloomberg
The report comes amid mounting regulatory concerns for Paxos.

Binance USD's $16B Market Cap Up for Grabs as Paxos Regulatory Action Stirs Up Stablecoin Rivalry
Tether’s USDT stablecoin will likely be a big winner as Paxos stops issuing Binance USD stablecoin after being sued by the top U.S. securities watchdog.

Coins of War: How Crypto Keeps Feeding Russia's War Despite Sanctions
Russian troops in Ukraine are receiving millions in crypto donations. CoinDesk investigates how these funds are flowing and talks to fundraisers.

First Mover Americas: Paxos Acts on Regulator Threat
The latest price moves in crypto markets in context for Feb. 13, 2023.

BUSD Depegs From Rival Stablecoin Tether After New York Regulator Tells Paxos to Stop Minting New Tokens
Traders seem to be migrating from Paxos' BUSD stablecoin to tether.

Binance Says BUSD ‘Funds Are Safu’ but a Regulatory Cloud Is Forming Over the US
February has been a great month for the narrative that crypto’s natural home is in Asia.

Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
It was reported on Sunday that the SEC also intended to sue Paxos for selling BUSD as an unregistered security.

SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
Paxos also faces a probe from the New York Department of Financial Services.

Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun?
Insiders, experts and the rhetoric of officials suggest a reckoning with the government is inevitable for the big exchanges, and this week’s action against Kraken could be just the beginning.
