Binance Swap BUSD For TUSD, USDT In SAFU Fund
Binance has switched the stablecoin for ERC-20 TUSD and BEP-20 USDT and will no longer maintain BUSD in its Secure Asset Fund for Users (SAFU). Cryptocurrency exchange Binance said on March 17 that it has replaced the Binance USD (BUSD $1.00) holdings in its Secure Asset Fund for Users (SAFU) with TrueUSD (TUSD) and Tether […]
CryptoWallet renews its Estonian license despite stricter rules
One of the few businesses, CryptoWallet, was able to renew its Estonian virtual asset provider license despite stricter regulatory requirements. The Financial Intelligence Unit of Estonia has approved CryptoWallet, according to a press release shared on March 17. (FIU). The renewal occurs in spite of stringent regulations that were put in place last year to […]
Coinbase plans on opening new crypto trading platform overseas
According to reports, Coinbase, which is now based in the United States, plans to establish a cryptocurrency trading platform abroad. A March 17 Bloomberg report claims that Coinbase spoke with some of its institutional clients about establishing the non-U.S. platform. The decision was reportedly made at a time when many American lawmakers and regulators were […]
Orca DEX to prevent US users from trading with its interface
According to a notice published on its official website, Orca will block all United States users from trading using its web interface beginning March 3. According to DefiLlama , the exchange saw a trading volume of over $634 million in February and has over $46 million in total value locked in Its smart contracts. The […]
European Parliament votes to create EU digital wallet’s final law
European legislators have advanced the adoption of a digital wallet for the entire European Union (EU) by approving a motion to forward the plan. According to a formal statement, the European Parliament voted on March 15 in favor of drafting a mandate for discussions with the EU member states on the reform of the new […]