Tag: New York Department of Financial Services (NYDFS)
Binance ends support of native stablecoin BUSD
The world’s largest cryptocurrency exchange Binance has announced it will cease supporting its native stablecoin BUSD. Operations to support the stablecoin will stop on 15...
New York takes lead in US crypto fraud monitoring
The New York Department of Financial Services (NYDFS) has announced that it is now ‘better equipped than ever’ to combat crypto-related fraud within state...
Circle alerted NYDFS over Binance’s reserves amidst BUSD fallout
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...