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Here’s how Binance is mitigating its stablecoin needs after BUSD ban

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The recent action from Binance comes in the wake of the NYDFS ordering BUSD issuer Paxos to stop minting new coins.

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Coin Market

US OCC calls on community banks to become payment stablecoin issuers

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The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January

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Coin Market

Injective launches onchain futures market tracking Nvidia GPU rental costs

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The new index tracks rental prices for five Nvidia GPUs, offering leveraged trading and potential hedging against fluctuations in AI computing costs.

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Coin Market

Canada opens consultation on stablecoins, citing US GENIUS Act

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As part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from non-financial institutions.

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