The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets.
BUSD Support Ending on Binance, Users Told to Swap Tokens
On August 31, Binance disclosed BUSD support will be phased out and the exchange is…
Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage – Bitcoin News
September 1, 2023
Nexo has introduced a new “Dual Mode” feature on its cryptocurrency Mastercard, allowing users to switch between debit and credit functions to optimize cryptocurrency spending.
Nexo Unveils Dual Mode Card Capabilities to Streamline Crypto Payments
Nexo‘s new feature…
Biden's Regulators Urged to Work With Congress on Crypto Regulation – Regulation Bitcoin News
September 1, 2023
A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s…
Ramping up Blockchain Education Can Help Make South Korea the World's Crypto Leader, Says Hashed CPO Edward Hong – Interview Bitcoin News
September 1, 2023
According to Edward Hong, the chief platform officer (CPO) at the early-stage venture firm Hashed, South Korea’s decision to delay putting in place a comprehensive crypto regulatory framework seems to be more of a strategic move rather than hesitation. Hong insisted that the perceived delay helps to ensure that South Korea’s regulatory regime will be in sync with any internationally agreed…
LBank's $PINS IEO Ends with 51,556,343 USDT in Investments, PINs Network (PINS) will be listed in the LBank Innovation Zone – Press release Bitcoin News
September 1, 2023
PRESS RELEASE. LBank recently concluded its Initial Exchange Offering (IEO) for the PINs Network project. The event secured a total investment of 51,556,343 USDT from 34,587 participants. This development followed a period of increased activity on LBank, largely due to the…
Bitcoin, Ethereum Technical Analysis: BTC Erases Recent Gains as US GDP Disappoints – Market Updates Bitcoin News
September 1, 2023
Bitcoin edged lower once again on Thursday, as traders continued to capture profits following gains on Tuesday. The latest drop followed data revealing U.S. gross domestic product growth in the second quarter that undershot expectations. Ethereum likewise declined, dipping…
Introducing ColLabs: A Web3 Investment Community by Binance Labs – Sponsored Bitcoin News
September 1, 2023
, the venture capital and incubation arm of Binance, is committed to helping Web3 startups achieve success by closing the gap between mentorship and funding. They do this by leveraging technical know-how from the Binance ecosystem and offering incubation programs to early-stage startups. Recognizing that the strength of the Web3 industry lies in its community, Binance Labs has announced ColLabs by…
Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong – Finance Bitcoin News
August 31, 2023
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese…
South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents – Africa Bitcoin News
August 31, 2023
The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task…
Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country.
Binance Offers Belgian Clients to Trade on Its Polish Platform
Belgian customers of Binance, the world’s largest…