in

Circle blew the whistle on Binance reserves to NYDFS: Report

According to a Feb. 13 Bloomberg report, Circle alerted NYDFS in an autumn 2022 complaint that Binance’s reserves were insufficient to support its tokens, seemingly including stablecoin Binance USD (BUSD). A person familiar with the matter reportedly said Circle’s team had uncovered the information through blockchain data.

Continue Reading on Coin Telegraph


Source: Cryptocurrency - investing.com

CNBC Daily Open: Inflation is more complex than it seems. But markets believe in simple disinflation

China, U.S. to participate in first meeting of new debt roundtable on Feb. 17