Binance has officially announced its plans to gradually discontinue support for Binance US Dollar stablecoin (BUSD). The move confirms prior speculations that the exchange would do so following Paxos's announcement to halt the issuance and redemption of the stablecoin....
Binance has introduced a new product for its users across Latin America to seamlessly transfer their cryptocurrency holdings into their bank accounts. The newly launched service, Send Cash, allows crypto transfers from nine countries in the region, including Argentina,...
In another significant step marking its expansion into the financial services sector, X (formerly Twitter) has obtained a financial services license in another state in the U.S. According to public records, X, via its subsidiary Twitter Payments, secured a...
Binance has announced that it will no longer offer about 39 liquidity pools to users. The crypto exchange noted that the decision was based on its latest periodic review of listed liquidity pools aimed at optimizing trading experiences. Notable...
Binance has launched its instant payment service, Binance Pay, in Brazil. In a blog post on August 22, 2023, the crypto exchange noted that the move was to allow local merchants to offer a new payment alternative to their...
Binance.US has announced that it has now designated USDT as the "base asset" for all its transactions in line with its transition to a crypto-only exchange. As a result, its users will have to convert their deposited U.S. dollars...
Coinbase and Circle have announced a strategic restructuring of their partnership, ushering in a new chapter in the governance of the US Dollar Coin (USDC). In a joint blog post on August 21, 2023, the two companies unveiled a...
Valour, a subsidiary of DeFi Technologies and an exchange-traded products (ETPs) issuer, has introduced a new product, the 1Valour Ethereum Physical Staking ETP. This product is one of its new investment products designed to provide easy access to the...
On August 21, 2023, Coinrule announced a strategic partnership with Coinbase to integrate its suite of AI-automated trading tools into the crypto exchange's Advanced Trading services. According to Coinrule's announcement, its offerings include a range of features designed to...
Europe has now made history with the launch of Jacobi Asset Management's Jacobi FT Wilshire Bitcoin ETF. The eagerly anticipated ETF began trading on the Euronext Amsterdam stock exchange on August 15, 2023, and it is the continent's first...
