What is Binance USD (BUSD)?
Binance USD (BUSD) is a newly inducted USD-dominated stablecoin pegged to the dollar on a constant 1: 1 policy and approved by the New York State Department of Financial Services (NYDFS) in the year 2015. It is a fully-backed token founded by Binance and Paxos that operates on blockchain technology to offer the stablecoin as […]
Binance vs. U.S. Authorities: Binance Investigated for Inside Trading and Market Manipulation
As much as Binance—the world’s biggest cryptocurrency exchange—is growing, there is an intensifying investigation from the U.S. authorities to ensure that Binance doesn’t violate the nation’s regulatory laws. As a result, the Commodity Futures Trading Commission is investigating Binance for insider trading and market manipulation. Binance vs. U.S. Authorities Recently, the U.S. authorities launched another […]
What is Binance (BNB) Coin?
Binance is a blending of the words “binary” and “finance.” Binance is one of the most popular cryptocurrency exchanges and has been around for quite some time. In July 2017, Binance launched its own cryptocurrency naming it “Binance Coin.” Binance Coin (BNB) is a cryptocurrency specifically designed for use in the Binance platform. It initially […]