Binance commits to supporting BUSD stability system

Binance, one of the largest cryptocurrency exchanges in the world, announced its commitment to support the Binance USD (BUSD) stability system, while exploring the possibility of implementing non-dollar stablecoins. According to Binance…

Visa targets stablecoin liquidations

Visa is investing in the global settlement of digital assets and fiat currencies, with the goal of allowing its clients to convert digital assets into fiat currencies on its platform. The head of the company's cryptocurrency division, Cuy…

Crypto ban in China poses a risk

Huang Yiping, a former member of the People's Bank of China's Monetary Policy Committee, said the current ban on cryptocurrency trading in China could result in long-term missed opportunities for the formal financial system, including…