Paxos Trust Company logo seen displayed on a smartphone being held with bokeh background
Business 23 February 2023

Paxos stops minting BUSD—is Binance stablecoin finished?

Paxos CEO Charles Cascarilla said that the decision was not linked to the NYDFS order, clarifying that "The market has evolved, and the Binance relationship no longer aligns with our current strategic priorities."

Planting a Bitcoin in the ground against the background of the flag of Hong Kong
Business 22 February 2023

Hong Kong to regulate digital asset exchanges

Hong Kong’s SFC has asked the public for opinions on whether centralized digital currency exchanges in the country should be allowed to serve retail customers and what regulations to implement.