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Binance is encouraging users to convert BUSD to new stablecoins


Binance recently made a huge announcement on its official website. The world’s biggest exchange has asked users to start converting their BUSD to other stablecoins. The exchange stated that Paxos would be halting the minting of any new BUSD. Thus, users are encouraged to convert any BUSD before...

Binance Launches ‘Send Cash’ Remittance Services in Latam


Binance, the largest cryptocurrency exchange by volumes traded, has announced the launch of “Send Cash,” a Latam-focused remittance service. The newly launched tool will allow users in nine countries in the region to send crypto to bank accounts of friends or family in Argentina...

Binance to Gradually Phase Out Support for BUSD Stablecoin


The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases out BUSD markets. BUSD Support Ending on Binance...

Introducing ColLabs: A Web3 Investment Community by Binance Labs


Binance Labs, the venture capital and incubation arm of Binance, is committed to helping Web3 startups achieve success by closing the gap between mentorship and funding. They do this by leveraging technical know-how from the Binance ecosystem and offering incubation programs to early-stage...

Chino emphasizes the road ahead for Binance Japan


Takeshi Chino, the representative for Binance Japan, has said that there is a need to expand the offerings of the venture in the region. It currently offers spot trading and lending of crypto assets. However, the global arms, if looked at, have a broader offering on the list. Services of Binance...

Binance Finds Way to Serve Belgian Users After Cease Order


Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country. Binance Offers...

Binance to Drop Support for BUSD Stablecoin by 2024


Binance, the largest cryptocurrency exchanges in the world, has revealed intentions to delist eight Binance USD (BUSD) trading pairs as part of a broader plan to withdraw full support for the stablecoin by 2024.  In a Wednesday blog post, the company revealed that Binance Margin will suspend...

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