stablecoin
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You Can Now Use Crypto to Buy a Ferrari
Nothing says luxury like tapping into a digital trend that is past its best days. Italian car manufacturer Ferrari announced its intention to let the bourgeoisie purchase its luxury vehicles using cryptocurrency. The plan was born out of Ferrari receiving requests from its wealthy customers to use crypto to purchase vehicles, Reuters reported Saturday. As…
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U.S. SEC Takes on Binance.US’s Voyager Acquisition in New Front to Crypto Regulation
The world’s largest crypto exchange Binance is facing intense scrutiny as of late, and the pressure doesn’t seem to be letting up. Through the exchange’s U.S.-based “partner” Binance.US, the crypto company has been looking to Pac-Man up failed exchange Voyager Digital assets after striking a deal back in December last year. Just a few months…
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Binance Plans to ‘Move Away’ From Its Stablecoin After Regulators Slam BUSD Issuer
Binance’s prime stablecoin Binance USD is on the outs after regulators at both the state and federal level took aim at the company that was issuing one of the most popular stablecoins on the market.
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Binance CEO Says There’s No Way They will End Up Like FTX in Leaked Letter to Staff
The crypto exchange Binance, perhaps the last major crypto exchange standing after the FTX debacle, experienced a wave of withdrawals by spooked investors earlier this week to the tune of nearly $US3.7 ($5) billion, according to blockchain analytics firm Nansen.