![]() ![]() ![]() They are used for trading between volatile tokens like bitcoin and, in some emerging economies, as a means to protect savings against inflation. ![]() Stablecoins, digital tokens typically backed by traditional assets designed to hold a steady value, have emerged as one of the key cogs in the crypto economy. Here you can check the full list of Trust Wallet-supported. It supports a total of over 4.5 million assets and 65 Blockchains with cryptocurrencies, including the leading ones like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Litecoin (LTC), Ripple (XRP), Solana (SOL), and many more. "The market has evolved and the Binance relationship no longer aligns with our current strategic priorities," he said.īinance did not immediately respond to a request for comment, but has said it would continue to support Binance USD for the foreseeable future.Ĭascarilla said that Paxos was still working with the SEC towards the publication of its application to obtain a clearing agency license, and with the US Office of the Comptroller of the Currency (OCC) to get final approval for its national trust bank charter. Trust Wallet has a massive list of supported cryptos. In turn, Paxos said it would stop issuing new Binance USD from February 21, but would continue to support and redeem the tokens until at least February 2024.Ĭascarilla said the company's decision to end its relationship with Binance was separate from the NYDFS directive and the communication it has had with the SEC over Binance USD. The New York Department of Financial Services (NYDFS) said in a consumer alert on February 13 that it had ordered Paxos to stop minting Binance USD, the third biggest stablecoin with about $16 billion (nearly Rs. We are Binance Charity, a non-profit organization dedicated to building a future where Web3 technology is used. the first thing that strikes us is the support levels where the sales have. Binance.US customers can reach our customer support agents 24/7 via email, or live chat during select operating hours. Paxos declined to comment beyond the email. In general, support can be explained as the level at which the fall in prices. He added that if necessary, Paxos would defend its position that Binance USD is not a security through litigation.Īn SEC spokesperson declined to comment. The targets will be 3.2 - 4.8- 5.4 and finally 7.3. So Two points to buy are after correction to 1.4 and after break the resistance base and trend line and at pullback to 2.2. "We are engaged in constructive discussions with the SEC, and we look forward to continuing that dialogue in private," said Paxos CEO Charles Cascarilla in an email sent on Saturday to Paxos employees which was seen by Reuters. In terms of customer support: Both are of similar quality so it is a tie. I expect some retrace and then will be in better point to buy. Securities and Exchange Commission after the regulator told the company it should have registered the token as a security, according to an internal email from Paxos' chief executive officer. Binance has a special website for US based customers at. The firm behind Binance's stablecoin, Paxos Trust Company, is in discussions with the U.S. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |