Binance Converts $1 Billion SAFU Fund to USDC Amid Market Shift
Binance strengthens asset security, shifts $1B SAFU fund entirely to USDC, reflecting proactive risk management amid regulatory changes.
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Binance strengthens asset security, shifts $1B SAFU fund entirely to USDC, reflecting proactive risk management amid regulatory changes.
"Binance strengthens user confidence with SAFU conversion to USDC, eyes return to Indian market amidst regulatory negotiations. Attains VASP license in Dubai, emphasizes compliance and transparency.
Binance reallocates $1 billion to USDC, enhancing transparency and security, and influencing the broader crypto market.
Binance unveils "Inscriptions Marketplace" for seamless trading and minting of BRC-20 and EVM tokens. Integration with Binance Web3 Wallet enhances user experience, reinforcing Binance's position in the cryptocurrency ecosystem.
Binance had previously suspended dollar deposits in June, following pressure from the SEC.
The FUD is coming from inside the building, says David Z. Morris, CoinDesk's chief insights columnist.
The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about reserves.
Per the official announcement, Binance has announced that it has reopened its USDC (SOL) deposit service after an internal review and review.
Binance has announced that it will automatically convert USDC, Pax Dollar (USDP), and TrueUSD (TUSD) to Binance USD (BUSD); this feature will come into effect from Sep 29.
Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance mentioned that customers who have crypto on WazirX should transfer it to ...