![]() ![]() I wouldn't take that article too seriously right now. Binance Chief Executive Officer Changpeng 'CZ' Zhao has warned his staff to expect turbulent times ahead as the giant crypto exchange sees a wave of crypto. ![]() “It just hurts the overall industry as we're seeing now. ![]() “I don't really believe Circle would do that – I don't think a professional industry peer will want to do that to another industry peer,” he said. Zhao, the Binance CEO, said on Friday that the global exchange has pulled back on potential investments in the United States, a move that comes amid growing scrutiny by U.S. Zhao also hit out at claims, reported by Bloomberg, that rival stablecoin issuer Circle had sounded the alarm with NYDFS over concerns that Binance did not have enough reserves to back up BUSD tokens. A guide issued to employees for one encrypted messaging service listed its. Along with my talented colleague Yvonne Lau I spent weeks digging into how Zhao or CZ, as he’s universally known in Crypto. authorities gaining access to Binances internal records, company messages show. But this 80-year-old founder of fractal geometry really sticks it to Wall. “With BUSD gone, BUSD slowly winding down over time, we will will continue to work with more stablecoin issuers or creators,” Zhao added, citing existing support for other stablecoins such as USD coin ( USDC) and tether ( USDT). This brings us to Changpeng Zhao, the founder and CEO of Binance. Some 100 people around the world are seriously working on fractal finance now. “We have an agreement to let them use our brand, but that's not something that we created.” “BUSD is not issued by Binance,” Zhao said during a Twitter Spaces on Tuesday. dollar, constituted an unregistered security. On Monday, BUSD issuer Paxos said it would stop minting new tokens following a request from the New York Department of Financial Services (NYDFS), but denied regulators’ claims the cryptocurrency, pegged to the value of the U.S. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |