Exploring Cardano: Inner Workings and Advantages of this Cryptocurrency
Seville.- Economy.- Innova.- STSA inaugurates its new painting and sealing hangar in San Pablo, for 18 million
Innova.- More than 300 volunteers join the Andalucía Compromiso Digital network in one month to facilitate access to ICT
Innova.-AMP.- Ayesa acquires 51% of Sadiel, which will create new technological engineering products and expand markets
Protagonists of the Koldo case and leaders of the PP, among the 134 people cited by the Congressional commission
Atlético does not want to be intimidated by the 'yellow wall'
Barça appeals to the Olympic magic of Montjuïc against PSG
The Slovenian Prime Minister says together with Sánchez that he will recognize Palestine but when there is more consensus
How Blockchain in being used to shape the future
Not just BTC and ETH: Here Are Some More Interesting Coins Worth Focusing on
València Game City is born to promote the video game industry and position this city as a leader in the sector
A team of UPV and iPRONICS manufactures the first programmable and multifunctional photonic chip on the market
'Science and Reeds' returns with talks about "the mystery of the lost socks" or the vinegar fly
They develop smart infrastructure to improve road safety
A million people demonstrate in France against Macron's pension reform
Russia launches several missiles against "critical infrastructure" in the city of Zaporizhia
A "procession" remembers the dead of the Calabria shipwreck as bodies continue to wash up on the shore
Prison sentences handed down for three prominent Hong Kong pro-democracy activists
ETH continues to leave trading platforms, Ethereum balance on exchanges lowest in 3 years
Investors invest $450 million in Consensys, Ethereum incubator now valued at $7 billion
Alchemy Integrates Ethereum L2 Product Starknet to Enhance Web3 Scalability at a Price 100x Lower Than L1 Fees
Mining Report: Bitcoin's Electricity Consumption Declines by 25% in Q1 2022
Oil-to-Bitcoin Mining Firm Crusoe Energy Systems Raised $505 Million
Microbt reveals the latest Bitcoin mining rigs -- Machines produce up to 126 TH/s with custom 5nm chip design
Bitcoin's Mining Difficulty Hits a Lifetime High, With More Than 90% of BTC Supply Issued
The Biggest Movers are Near, EOS, and RUNE during Friday's Selloff
Global Markets Spooked by a Hawkish Fed and Covid, Stocks and Crypto Gain After Musk Buys Twitter
Bitso to offset carbon emissions from the Trading Platform's ERC20, ETH, and BTC Transactions
Draftkings Announces 2022 College Hoops NFT Selection for March Madness
The Bitcoin exchange Binance will bring out their own Stable Coin. Together with the Blockchain-companies Paxos, the stock exchange has received approval for the Binance US dollars (BUSD) from the New York State Department of Financial Services approved.
By Phillip Horch6. September 2019BTC$10.838,32 , 3.44%part Facebook Twitter LinkedIn xing mail
The Bitcoin exchange Binance will in the future make the Tether competition. With the BUSD Stable Coin, the company will deliver in the future, a crypto-currency, which will cover the U.S. Dollar 1-to-1.
Binance and Paxos to get approval for BUSDAs the company in a blog post informs, it has to get the permission of the New York State Department of Financial Services (NYDFS). Binance will bring the BUSD in addition, together with the Paxos Trust Company of the Hodler.
Furthermore, Binance informed that the crypto-currency BUSD is still to go this month at the Start. The partnership Binance a delighted CEO, Changpeng Zhao:
Paxos is a leader in the field of digital trust and we look forward, with you in the development of our stablecoins to cooperate. We hope to be open by the output of BUSD more financial services for the greater Blockchain Ecosystem, including more use cases and Benefits through the use of a stable of digital Assets.
Rich Teo, Paxos-co-founder, is in the exultation:
More Stable Coins in the Bitcoin EcosystemThe approval of BUSD by the NYDFS is an important step in the direction of the long-term stability in the global crypto-markets. We are proud that our Stable-Coin-as-a-Service offering enables trusted company how to Binance, to introduce products that are tailored to your users [...].
Stable Coins come with the promise of a stable value map. In contrast to Bitcoin, which is appreciated for its volatility or price fluctuations and feared, are covered stablecoins about other currencies or Assets. They represent the respective Asset 1-to-1.
In the past, the market leader of the Tether was, however, again and again in the Bitcoin-News-headlines. The Stable-Coin vendor about the short hand changed the policy, what is not guaranteed the cover of the digital coins by the US Dollar any longer. Furthermore, the Tether Limited is suspected, together with the Bitcoin exchange BitFinex, a total of 850 million US-dollars embezzled. With your BUSD Binance is entering a promising field.
Attention: The crypto-compass is the first digital magazine for digital currencies and Blockchain Assets. He provides you with monthly exclusive assessments, Insights and comprehensive analysis of the current situation on the Blockchain- & crypto-markets. Only now and only for as long as the stock enough: In the Abo incl. FREE Bitman-T-Shirt
