On June 5, 2023, the SEC sued copyright for giving and promoting BUSD – its US greenback-backed stablecoin – being an unregistered safety. The SEC alleged that copyright improperly promoted and touted BUSD to be a earnings-making instrument by promising desire payments to buyers who merely held BUSD around the Ethereum blockchain. copyright als… Read More

one of many main use cases of stablecoins is to supply liquidity for copyright traders. by utilizing stablecoins for a trading pair, traders can certainly move in and out of positions without relying on standard fiat currencies. likewise, the FDIC issued an sector letter in April 2022 announcing that FDIC-supervised institutions will have to notif… Read More