

BNB lost 29 of its value in the past two. The price of bitcoin, BNB and other tokens have declined since the news of the lawsuit broke. The Block: SEC to sue Paxos for listing Binance USD stablecoin: WSJ. Investors’ lack of trust is best seen in the performances of Binance Coin (BNB) and Binance USD (BUSD), the two tokens bearing the exchange’s name. The SEC enforcement action follows a similar suit filed in March by the Commodity Futures Trading Commission against Binance.

The SEC alleged in the lawsuit that Binance and affiliated companies repeatedly lied to customers and misdirected funds to a separate investment fund owned by Zhao, in an echo of similar accusations against Binance's former rival FTX and its founder Sam Bankman-Fried. Precio del Binance USD hoy: capitalización bursátil, gráficos, operaciones y más datos sobre la cotización del Binance USD o precio BUSD en tiempo real. Earlier this year, Gensler told New York Magazine that "everything other than bitcoin" is a security. In April, SEC Chair Gary Gensler refused to say whether ETH, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing. With a circulating supply of 5.1 Billion BUSD, Binance USD is valued at a market cap of 5,149,442,883. This represents a 0.04 price increase in the last 24 hours and a 0.17 price increase in the past 7 days. Notably, the SEC did not name ether (ETH) as a security in the lawsuit. Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS), The BUSD Monthly Audit Report can be viewed from the official website. The price of Binance USD (BUSD) is 1.00 today with a 24-hour trading volume of 398,340,834. "Since the Binance Platforms launched, Defendants have made available for trading on them crypto assets that are offered and sold as investment contracts, and thus as securities," the SEC said in the lawsuit regarding these 12 tokens, adding that the list is not exhaustive. 0.998651 24H Range 1.00 Market Cap 5,149,442,883 24 Hour Trading Vol 398,340,834 Fully Diluted Valuation 5,149,442,883 Circulating Supply 5,149,534,164 Total Supply 5,149,534,164 Max Supply Buy / Sell Earn Crypto Info Contract 0x4fa. View Reports About BUSD Regulated Paxos and BUSD are approved and regulated by the New York State Department of Financial Services, ensuring the utmost of consumer protections. Those 12 tokens are BNB (BNB), Binance USD stablecoin (BUSD), Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Cosmos Hub (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity (AXS,) and Coti (COTI). Paxos no longer mints new BUSD, but allows customers to redeem BUSD for USD or convert their BUSD to USDP. Securities and Exchange Commission (SEC) today explicitly called 12 tokens securities in its lawsuit against Binance, its CEO Changpeng Zhao and Binance U.S. 62,409,652,106.53 Fees binance Do you work for an exchange Submit reserve data About Binance What Is Binance Binance is the world’s largest crypto exchange by trading volume, with 76 billion daily trading volume on Binance exchange as of August 2022, and 90 million customers worldwide.
