Galaxy Digital CEO Mike Novogratz believes Binance has satisfied regulators and users after its $4.3 billion settlement with United States authorities.
Binance USD (BUSD) Price Index
Binance USD News
- 3221
The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law.
4057Circle noted that assets pegged to the U.S. dollar are not securities, partly because users are not expecting any profit from acquiring them.
6311The Securities and Exchange Commission 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.”
6167Paxos has earlier said it would halt support of Binance’s stablecoin by February; now the exchange has said it will also stop support by that time.
19793