Binance’s Plan to Launch Its Own Stablecoin Revealed by CZ

Binance’s Plan to Launch Its Own Stablecoin Revealed by CZ

Binance’s terminated partnership with Paxos leads to the launch of stablecoin FDUSD, and Binance plans to collaborate with other stablecoin projects. Key Points The Chief Executive Officer of Binance, Changpeng Zhao (CZ), recently revealed that the terminated partnership with Paxos has led to the introduction of the stablecoin FDUSD. In 2019, Binance and Paxos collaborated…

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Singapore Authority Launched a new Probe Against Terraform Labs

Singapore Authority Launched a new Probe Against Terraform Labs

Singapore’s regulatory authority has launched a fresh probe into Terraform Labs, a blockchain company established by Do Kwon, amid tensions over potential regulatory breaches. The step follows a similar investigation opened by the United States Securities and Exchange Commission (SEC) last year for misleading the public by stating that Terra was decentralized and that TerraUSD…

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