The biggest news in the cryptoverse for Feb. 14 saw Binance CEO Changpeng Zhao address various issues related to Paxos and the BUSD stablecoin. Meanwhile, Circle denied that the U.S. SEC has served it a Wells notice after rumors to that effect emerged. Plus, news on Polygon-based bonds, AI tokens, Sam Bankman-Fried’s VPN use, Binance’s endorsement of ChatGPT, Peter Schiff’s anti-crypto sentiments, and more.
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CZ addresses rumors about Circle telling regulators to look into Paxos/BUSD
In a wide-ranging Twitter Spaces AMA on Feb. 14, the co-founder and CEO of Binance, Changpeng Zhao, addressed ongoing FUD around the BUSD stablecoin, rumors that Circle had snitched to New York regulators, and thoughts about shifting his attention from USD-backed stablecoins to alternatives like algorithmic, Euro and Yen-denominated ones.
Addressing some of the recent news surrounding Paxos’ halting of the minting of Binance stablecoin (BUSD), CZ said welcomed more stablecoin
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