Coinbase Sued for Delisting wBTC
BiT Global Digital Limited has filed a lawsuit against Coinbase, a well-known cryptocurrency exchange, seeking over $1 billion in damages.
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Binance Joins Forces with Circle to Drive USDC Stablecoin Adoption
In an effort to drive the overall adoption of the USDC stablecoin, Binance, the largest cryptocurrency exchange in the world, has teamed up with stablecoin leader Circle.
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Ripple’s RLUSD Receives Approval from New York Regulator
Ripple’s CEO, Brad Garlinghouse, has officially announced that the New York State Department of Financial Services (NYDFS) has granted approval for RLUSD, their USD-pegged stablecoin.
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FSOC Warns Stablecoins Threat Stability
The Financial Services Oversight Council (FSOC) has raised concerns about the potential threat of stablecoins to the stability of the financial system.
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Tether Discontinues EURT
Tether has recently announced that it will no longer be supporting its Euro-pegged stablecoin EURT and will cease the production of new tokens.
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Tether Launches a Tokenization Platform for Businesses
On November 14, a new platform called Hadron was introduced to simplify the process of tokenization in broader markets.
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Whales Withdraw More Than 20% of Capital from USDC
The reserves of USDT whales, which control between $100,000 and $10 million in the stablecoin, have decreased by more than 50%.
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BUSD Market Capitalization Sets a New Record
The capitalization of the stablecoin Binance USD (BUSD) has risen sharply.
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