Binance Busd Stumbles Under Regulatory Pressure 500 Million Outflows
Binance USD
Binance USD (BUSD), a stablecoin pegged to the U.S. dollar, endured over $500 million in outflows in the roughly 24 hours since a U.S. lawsuit was filed against Binance
BUSD reserves crumble amid Binance regulatory saga
Binance BUSD Stumbles Under Regulatory Pressure: $500 Million
Binance
Binance BUSD Stumbles Under Regulatory Pressure:
Binance, the largest cryptocurrency exchange, has been experiencing record outflows over the past few days as regulators move in to clamp down on its stablecoin
Binance Faces Backlash Over BUSD Operations Amid Scrutiny
Outflows of BUSD
Outflows of BUSD, a Binance stablecoin pegged to the US dollar have steeply increased following CFTC’s lawsuit alleging “Willful Evasion” of U.S. regulations and the sale of unregistered
Binance Sees Record-High Outflows Amid Regulatory Fiasco
Binance's net outflow exceeded US$500 million in
Binance's BUSD Stablecoin Suffers $500M Outflows After CFTC
Binance processes $1B withdrawals amid regulatory
Binance’s BUSD Bleeds As Outflows Hit Over $500 Million
Binance has recently been all
Binance has recently been all over the headlines following the decision made by the U.S. Commodity Futures Trading
After the news of the case became public, the BUSD exchange reserves have reportedly decreased by $500 million since the data from Cryptoquant was collected.