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Binance announces closure of BUSD lending by October 25

Coinan PorterOct 3, 20232 min read

Crypto Exchange Binance to Cease Borrowing and Lending for BUSD Binance, the popular cryptocurrency exchange, has announced that it will no longer offer borrowing and lending…

Stablecoins: Circle Asserts Non-Security Status, Counters SEC Authority on Dollar-Pegged Cryptocurrencies

Daisy HodleyOct 2, 20233 min read

Circle Challenges SEC’s Assertion on Crypto Assets Circle, the issuer of the stablecoin USDC, has submitted an amicus curiae brief in the U.S. Securities and Exchange…

September Sees $1.52 Billion Lost in Stablecoin Economy, Hitting 2-Year Low

Benito CormiOct 1, 20233 min read

$1.52 Billion Disappears from Stablecoin Market in 30 Days The market for fiat-pegged cryptocurrencies, mainly consisting of stablecoins backed by the USD, has been shrinking and…

US Crypto Industry Leaders Criticize SEC’s Allegations Against Binance as Excessive

Cindy DuttaOct 1, 20232 min read

Binance Receives Support from Crypto Industry in Legal Battle Against SEC As the trial of Sam Bankman-Fried approaches, the digital-asset industry is rallying behind Binance in…

Circle Responds to SEC Lawsuit Against Binance, Asserts Stablecoins Are Exempt from Securities Classification

Insa MonroeSep 30, 20233 min read

Circle Argues Stablecoins are Not Securities Stablecoin issuer Circle has expressed its opinion on the Securities and Exchange Commission’s (SEC) lawsuit against Binance, stating that stablecoins…

SEC Accused of Violating Rules in Binance Lawsuit, Paradigm Alleges

Coinan PorterSep 30, 20233 min read

Paradigm Criticizes SEC for Bypassing Rulemaking Procedures in Binance Case Paradigm, a crypto venture capital firm, has expressed its criticism towards the United States Securities and…

Paradigm Extends Solid Backing to Binance Amid Ongoing SEC Dispute

Gapster InnesSep 30, 20232 min read

Paradigm Criticizes SEC’s Handling of Binance Case Crypto venture capital firm Paradigm has criticized the U.S. Securities and Exchange Commission (SEC) for bypassing the rulemaking process…

SEC’s Case Against Binance: Paradigm Claims Attempt to Alter Legal Norms

Theon BarrettSep 29, 20232 min read

Crypto Venture Capital Firm Paradigm Challenges SEC’s Actions Against Binance Crypto venture capital firm Paradigm has filed a brief accusing the Securities and Exchange Commission (SEC)…

Circle Asserts that Stablecoins are Not Considered Securities in Binance Legal Dispute

Owen PatterSep 29, 20232 min read

Circle Intervenes in SEC vs. Binance Case, Arguing Stablecoins Should Not Be Classified as Securities In the ongoing legal battle between the SEC and Binance, stablecoin…

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