Binance, the global cryptocurrency exchange and blockchain ecosystem, today announced the launch date of BUSD, a fully compliant USD-denominated stablecoin, as the week of September 16, 2019; and will add BUSD trading pairs on the same day. The launch date and new listing was jointly announced by Binance CFO Wei Zhou and Richmond Teo, Co-Founder […]
With this move, Paxos plans to democratize the gold trading process by leveraging the power of blockchain technology. The Pax Gold (PAXG) token will make Gold mobilization absolutely easy.
BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com.
Silvergate Capital Corporation, which is the holding company of Silvergate Bank, announced that they are planning to offer cryptocurrency-based loans to institutional customers.
CME Group allegedly decided to make changes to its reference rate and index tied to Ethereum. Their sources say it could mean a future tied to the crypto is coming to its marketplace.
Binance and Paxos have entered a collaboration to integrate a new deposit gateway on Binance.com. It will significantly facilitate fiat-to-PAX exchanging procedures.
Euroclear in cooperation with EIB, Santander and EY will push their blockchain-based platform for the issuance and settlement of European commercial paper to a pilot phase.
The fresh allegations come from the New York Attorney General’s office that accuses Bitfinex of covering the massive loss by transferring funds from Tether reserves without informing the exchange’s customers.
Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors.
Ten leading financial services and technology firms have launched the Association for Digital Asset Markets to develop a Code of Conduct for the industry.