Paxos

Paxos

Finance

Coinbase CEO Armstrong: Inalis Namin ang BUSD Dahil sa Mga Alalahanin sa Liquidity

Nauna nang sinabi ng palitan na ginawa nito ang hakbang dahil T naabot ng BUSD ang mga pamantayan sa listahan nito, nang hindi naglalagay ng anumang detalye.

Coinbase CEO and co-founder Brian Armstrong speaks at Consensus 2019. (CoinDesk)

Videos

Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report

Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the latest developments after stablecoin issuer Paxos said last month it will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services.

Recent Videos

Policy

Ang Paxos ay Nagdaraos ng 'Mga Nakabubuo na Talakayan' Kasama si SEC

Ang balita ng mga pag-uusap ay dumating isang linggo pagkatapos sabihin ni Paxos na nakatanggap ito ng Wells Notice mula sa regulator.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Policy

Coinbase Exec: Kailangang 'Itaas' ng Kongreso ng US ang Mga Pagsisikap Nito sa Crypto Regulatory

Sinabi ni Chief Policy Officer Faryar Shirzad na ang palitan ay "gustung-gusto na irehistro" ang dalawang natutulog na broker-dealer nito, ngunit ang katotohanan ay walang malinaw na direksyon na ibinigay ng mga mambabatas sa Capitol Hill.

Coinbase official Faryar Shirzad (Wikimedia)

Markets

Ang USDT ng Tether ay Nakakuha ng $1B habang Nasusunog ng Paxos ang Higit sa $1.8B ng Binance USD Stablecoins

Dumating ang pagtaas habang ang BUSD issuer na Paxos ay nahaharap sa pagtaas ng pagsusuri sa regulasyon.

Tether. (Nikhilesh De/CoinDesk)

Policy

State of Crypto: Pagbibigay-kahulugan sa Paxos-Binance Tea Leaves

Pinilit ng NYDFS ang Paxos na ihinto ang pag-isyu ng Binance USD. Sinabi ng SEC na ang BUSD ay maaaring isang seguridad. Manatili sa akin dito – maaaring hindi ang Paxos ang target ng regulasyon.

(Rene Bruun/EyeEm/Getty Images)

Policy

Dating Paxos Exec: Nabigo ang mga Regulator na Tugunan ang Mga Pagbagsak ng Crypto , Ngayon Sila ay Pupunta Pagkatapos ng 'On-Ramps'

Si Jesse Austin Campbell, dating pinuno ng pamamahala ng portfolio, ay nagsabi na "marahil, ang pinakamalaking pagkakamali na nagawa mo ay ang maging isang onshore, regulated na kumpanya sa Crypto space."

Jesse Austin Campbell (LinkedIn)

Videos

Former Paxos Head of Portfolio Management on 'Noise and Confusion' Around Stablecoins

Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell discusses the case for stablecoins and how it is a "very simple instrument." Campbell added, "One of the things that's always been a little bit confounding to me is the extreme sort of noise and confusion around [stablecoins] when really, they work very similarly to the things we're already familiar with and quite frankly had a great deal of reform in."

Recent Videos

Videos

Stablecoin Issuer Paxos Burns $700M Binance USD Amid Regulatory Pressure

Paxos, the issuer of the $16 billion Binance USD (BUSD) stablecoin, has burned more than $700 million of BUSD tokens since Monday. That was when Paxos announced it would stop issuing the cryptocurrency amid mounting regulatory pressure, blockchain data shows. Jesse Austin Campbell, Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor, discusses his outlook for the stablecoin market and crypto regulation.

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