Binance
- Cryptocurrency
Introduction to Polymath Token: Understanding the Basics
If you’re looking to invest in cryptocurrency, you’ve likely come across Polymath Token (POLY) at some point. But what exactly is Polymath Token, and why should you care? In this article, we’ll break down the basics of Polymath Token, its benefits for investors, and its current price. What is Polymath Token? Polymath Token is a decentralized platform allowing businesses to create and issue security tokens. Security tokens are a type…
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Did SEC Cause Binance to End Relations With its US Partners?
In accordance with a Bloomberg report, cryptocurrency exchange Binance is considering terminating partnerships with its business partners in the United States. Due to the Securities and Exchange (SEC) Commission’s tightening of regulatory standards, the market’s top cryptocurrency exchange is allegedly considering delisting tokens from any businesses situated in the United States. Video content The Atmosphere Of Binance is Tense After the Paxos Incident As the SEC filed a lawsuit against the…
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Paxos News Costs Binance Nearly $1 Billion
Yesterday, the cryptocurrency market trend declined after Paxos announced it would temporarily stop issuing Binance USD (BUSD). Despite recovering slightly around noon, Binance Coin (BNB) continued the week in a slump. Dune Analytics reported that on February 13th, a colossal fund outflow of almost $1 billion was observed from the Binance platform. US Regulators’ Actions Are Putting Pressure on Binance In recent weeks, the US regulatory bodies have initiated numerous…
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Binance Acquires Majority Shares of South Korean Crypto Exchange Gopax
On February 3, Binance announced its return to the South Korean market by acquiring a majority stake in Gopax, a cryptocurrency trading platform funded by Digital Currency Group. This marks the exchange’s re-emergence in this scene two years after initially leaving it. Although the Details of the Purchase Are Not Clear, Binance Has Bought a “Significant” Stake in Gopax To fuel this deal, Binance committed one billion dollars to…
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