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cryptonews 2023-11-29 20:37:16

Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD

Binance ends BUSD support and transitions to FDUSD stablecoin after regulatory troubles. Image by maurice norbert, Adobe Stock. Major cryptocurrency exchange Binance announced today in a blog post that it will end support for its Binance USD (BUSD) stablecoin on December 15. The move comes after regulators ordered BUSD issuer Paxos to halt minting of The post Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD appeared first on Cryptonews .

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