'The lesson showing people here is that over the last few years, the greatest mistake is to be an onshore regulated company in the crypto space,' former paxoglobal Head of Portfolio Management Jesse Austin Campbell says. Watch more:
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As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form ofwhich vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCGDeutschland Neuesten Nachrichten, Deutschland Schlagzeilen
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Binance CEO: crypto industry will probably move to non-dollar stablecoinsBinance’s ‘CZ’ says US government actions will probably cause non-dollar stablecoins to be used more in the future.
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Crypto Update | SEC Sues Paxos, Binance’s BUSD DepegsListen to this episode from Markets Daily Crypto Roundup on Spotify. With bitcoin testing $20K in wake of the second week of the SEC’s attack on crypto, plus a look at Bitcoin’s information symmetry, CoinDesk’s “Markets Daily” is back with the latest news roundup.Today's Stories...Read the full show notes here.Featured Story: Bitcoin, Markets and the Symmetry of Information-Join CoinDesk’s Consensus 2023 - the most important conversation in crypto and Web3 - happening April 26 through 28 in Austin, Texas. Consensus is the industry’s only event bringing together all sides of crypto, Web3 and the metaverse. Immerse yourself in all that blockchain technology has to offer creators, builders, founders, brand leaders, entrepreneurs and more! Use code MARKETSDAILY to get 15% off your pass. Visit consensus.coindesk.com or check the link in the show notes.-This episode was edited & produced by Adrian Blust with original music by Doc Blust & Colin Mealey.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacydo-not-sell-my-info.
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Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the ExchangeBinance has endured some $828 million of net outflow in the past 24 hours. Monday’s outflow is the largest in a day since November, surpassing withdrawals in December that occurred amid fears about Binance reserves. sndr_krisztian reports
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Binance withdrawals and BUSD redemptions surge post Paxos crackdownAction by the U.S. SEC and the New York DFS against BUSD and its issuer Paxos has seen investors withdraw billions from Binance in the last day.
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Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory PressureThe maneuver is a sign of investors exiting BUSD quickly following Paxos' announcement that it would halt issuing the Binance-branded stablecoin due to regulatory pressure. sndr_krisztian writes
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Curve Finance (CRV) Eyes 900% Increase in Trading Volume Following Binance USD (BUSD) Turmoil$CRV up 300% in trading volume as crypto traders run to Curve Finance after lawsuit against Binance USD $BUSD initiated by SEC curve curvedao crv curvefinance binanceusd
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