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Coinpedia 2023-08-31 09:55:10

Binance to Cease BUSD Operations By February 2024, Urges Users to Convert to Other Stablecoins

Binance to Cease BUSD Operations By February 2024, Urges Users to Convert to Other Stablecoins

The post Binance to Cease BUSD Operations By February 2024, Urges Users to Convert to Other Stablecoins appeared first on Coinpedia Fintech News Leading cryptocurrency exchange Binance has recently announced the discontinuation of support for its BUSD stablecoin. This move comes amidst increasing regulatory scrutiny, particularly from the United States, following concerns raised in the wake of the FTX and Alameda Research incidents last year. In response to the discontinuation of BUSD support, Binance has encouraged users holding …

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