CZ outlines the need for stablecoins that are coupled to other Fiat currencies

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Von: Krypto News Österreich

Der Gründer und Geschäftsführer von Binance sprach in einem Twitter-AMA (Ask Me Anything) über verschiedene heiße Themen in der Kryptowährungs-Community, von denen eines erwartungsgemäß das Vorgehen der US-Behörden gegen BUSD ist. Er schlug vor, dass das globale Kryptowährungs-Ökosystem davon profitieren würde, wenn Dollar-gebundene Stablecoins Rivalen anderer solcher Token gegenüberstehen, die an verschiedene Fiat-Währungen gebunden sind. Nicht nur USD Die Kryptowährungsgemeinschaft wurde in den letzten Tagen Zeuge einer verstärkten behördlichen Prüfung durch verschiedene US-Wachhunde. Es begann mit Gerüchten, dass die SEC Staking verfolgen werde, was sich Tage später herausstellte, als die Wertpapieraufsicht Krakens Staking-Dienste stoppte. Angesichts der wachsenden Besorgnis, dass dieses …
The founder and managing director of Binance spoke in a Twitter-AAM (ASK Me Anything) about various hot topics in the cryptocurrency community, of which one of which is the procedure of the US authorities against Busd. He suggested that the global cryptocurrency ecosystem would benefit if dollar-bound stable coins are opposed to rivals from other such tokens that are bound to various fiat currencies. In the past few days, the cryptocurrency community has not only been witness to an increased official examination by various US wachs. It began with rumors that the SEC Staking would follow, which turned out days later when the securities supervision of Kraken's staking services stopped. In view of the growing concern that this ... (Symbolbild/KNAT)

The founder and managing director of Binance spoke in a Twitter-AAM (ASK Me Anything) about various hot topics in the cryptocurrency community, of which one of which is the procedure of the US authorities against Busd.

he suggested that the global cryptocurrency ecosystem would benefit if dollar-bound stable coins of other such tokens that are bound to different fiat currencies.

not just USD

The cryptocurrency community has been witness to an increased official examination through various US wachs in the past few days. It began with rumors that the Sec Staking would follow, which turned out days later when the securities supervision of Kraken's staking services stopped.

In view of the growing concern that this procedure is only tightening and possibly coin base, which will have a similar platform, the company's stock experienced a crash and closed the week with a massive decline of 22 %. The prices for cryptocurrency plants also decreased.

This was only the beginning, since the SEC supposedly sent a communication of Wells to Paxos, in which it suggested that they would initiate legal steps against the issuer of Binance USD, since this is supposed to sell not registered securities with the stablecoin.

hours later, the New York Finance Ministry of Finance ordered Paxos to stop the BusD issue. In particular, Binance and CZ commented on the matter and said that Busd was completely output and kept by Paxos.

in an ama of today, zhao The industry is finally called a more diversified selection of Stable coins need, including those that are bound to other Fiat currencies such as the Singapore dollar and the Japanese yen. In fact, he added that a yen-based stable coin emittee had already contacted the world's largest stock exchange.

reported that Circle warned the NYDFS that Binance was unable to hold up appropriate token reserves, cz called He did not believe that the US company would do so because it could come back and look for it.

ftx, Terra collapses everything changed

The USA always had a controversial approach when it came to regulation crypto, but Zhao claimed that the crashes of Terra and FTX had changed everything in 2022. He explained that watchdogs had become "stricter", while many companies and banks from traditional finance no longer want to work with participants from the digital-asset industry.

cz admitted that Binance had lost traditional bank partners, which might refer to the youngest drama with the Signature Bank.

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