Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

Nikhilesh De

The exchange’s new CEO, Richard Teng, who succeeded founder Changpeng “CZ” Zhao earlier this month as part of a $4.3 billion settlement with the U.S., recently wrote in a blog post that he is committed to working with regulators and ensuring that the exchange complies with American laws.

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