Changpeng Zhao: The Binance SAFU fund includes BTC, BUSD and BNB, and the $1 billion industry recovery fund allocated yesterday is all BUSD

Binance Announces Discontinuation of Binance USD (BUSD) Support

Binance discontinues BUSD support, prompting users to take immediate action. This strategic move aligns with the exchange's commitment to adaptability in the dynamic crypto landscape.

Binance converts US$1B in BUSD to Bitcoin, Ethereum, and BNB

Coinbase: BUSD can still be withdrawn at any time

Coinbase CEO Armstrong: We Delisted BUSD Due to Liquidity Concerns

BNB Token Plunges as Binance, Paxos Shutter BUSD Stablecoin Product

The recent regulatory action against Paxos and Binance over the partnership's dollar-pegged stablecoin has spooked investors.

U.S. Regulatory Authorities Launch Actions Targeting BUSD

After the collapse of FTX, it is visible that the US is continuously increasing its regulation of cryptocurrencies. Rumors of US crypto regulation have been confirmed in the past two weeks.

Binance Says There Were Flaws In Maintaining BUSD Peg

Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset.

Binance Admits to Problems With Its BUSD Peg

Binance admitted Tuesday to flaws in its system that left its supply of Binance Smart Chain BUSD, undercollateralized by at least $1 billion.

MicroStrategy Adds 301 BTC to Balance Sheet as BTC Drops Below $19,000

Saylor believes that bitcoin is the answer to inflation as the Fed prepares to meet on Sep. 21, 2022.

WazirX to Follow Binance in Converting Stablecoins to BUSD

WazirX will start to convert Tether (USDT), Pax Dollar (USDP), and True USD (TUSD) into Binance USD (BUSD) after delisting the other stablecoins on Sept. 26.