Binance is seeking to navigate U.S. crypto regulations in partnership with little-known firm BAM Trading Services… Binance is expected to launch its upcoming exchange platform in the United States by the end of the year, with the company’s executive estimating that the platform will launch within “a month or two.” In the interview, Changpeng Zhao […]
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Singapore-based market maker Altonomy has raised $7 million in a funding round led by Polychain Capital to source liquidity for institutional customers. Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15. Singapore-based market maker Altonomy is […]
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Tether’s influence is high despite numerous controversies, but it may pose a threat to the crypto asset market… There is perhaps no other crypto asset more subject to scrutiny and accusations of impropriety than the Tether stablecoin. The startup behind the coin has been blamed for market manipulation while its business dealings and accounting practices […]
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Cryptocurrency exchange KuCoin announces trading pairs with Binance Coin, says it will support Binance Chain-based projects. Singapore-based cryptocurrency exchange KuCoin has announced that it is now listing the cryptocurrency Binance Coin (BNB) issued by the exchange Binance, according to a press release on June 19. KuCoin will reportedly offer BNB trading pairs with Bitcoin (BTC) […]
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TrustToken, the stablecoin operator behind usd-pegged token TUSD, announced a partnership with Binance. TrustToken, the stablecoin operator behind usd-pegged token trueusd (TUSD), announced a partnership with major cryptocurrency exchange Binance in a press release shared with Cointelegraph on June 4. Per the release, as a result of the partnership, Binance users now will be able […]
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Crypto exchange Seed CX has announced support for stablecoins Paxos, USD Coin, and TrueUSD, which are currently pegged to U.S. dollars. Chicago-based crypto exchange Seed CX has announced support for stablecoins Paxos (PAX), USD Coin (USDC), and TrueUSD (TUSD) in a press release on May 14. The new stablecoin additions can be traded for U.S. […]
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Volatility in crypto prices have been regarded as a big hurdle for mainstream adoption. Stablecoins could be a way of eliminating such erratic fluctuations. Can stablecoins achieve true decentralization? Certain providers believe they have struck a compromise. Some stablecoin advocates are concerned that pegging a cryptocurrency directly to the U.S. dollar means that it must […]
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TrustToken will release four new stablecoins this year that are pegged to Australian dollars, euros, Canadian dollars, and Hong Kong dollars. TrustToken will release four new stablecoins this year that are pegged to Australian dollars, euros, Canadian dollars, and Hong Kong dollars. The update was announced in a blog post published on April 24. Per […]
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An audit of TrueUSD funds showed that it has the full amount of U.S. dollar backing for its coins. TrustToken has published the results of an audit of its stablecoin TrueUSD (TUSD) in a blog post on April 8. The audit shows that it has the full amount of United States dollar reserves. Per the […]
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sponsored Binance, the world’s biggest crypto exchange, is throwing its weight behind stablecoins amid growing speculation that it could trigger mainstream adoption. Binance has unveiled a series of new products and features relating to stablecoins — with the world’s largest cryptocurrency exchange describing these digital assets as “an efficient fiat gateway into crypto.” Stablecoins are […]
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