Binance continues to wind down BUSD by ending borrowing and staking support for the stablecoin

Global crypto exchange  Binance announced on Oct. 3 that  it will end support for Binance USD (BUSD) borrowing and staking positions by Oct. 25, 2023. This closure appears to be part of a wider plan to phase out the troubled stablecoin, as regulatory scrutiny intensifies. Binance has urged its users to convert their BUSD holdings […]

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