USDC stablecoin issuer Circle has alerted the New York Department of Financial Services (NYDFS) that Binance has mismanaged its token reserves.  According to a Bloomberg report, it details that Circle made it aware to the NYDFS that Binance allegedly does not hold enough of several cryptocurrencies in reserves to support its tokens issued to investors, … Continue reading Circle alerted NYDFS over Binance’s reserves amidst BUSD fallout