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Binance, Abu Dhabi and cryptocurrency

Crypto Exchange Binance Scores $2 Billion Stablecoin Investment From Abu Dhabi’s MGX

Binance, the world’s largest cryptocurrency exchange by trading volume, has sold a minority stake to United Arab Emirates state-owned investment firm MGX for $2 billion. The deal was paid in an unnamed stablecoin,

CNBC on MSN · 9h

Binance Secures Large Investment In Crypto

Binance will get a $2 billion investment from MGX, a state-owned investment corporation in the United Arab Emirates. TakeAway Points: In a joint press release, the firms said the minority stake would be paid for in stablecoins,

Abu Dhabi-backed investor buys into Binance with $2 bln of crypto

Abu Dhabi-backed investment group MGX has made a $2 billion cryptocurrency investment in Binance, the companies said on Wednesday, deepening ties between the world's largest crypto exchange and the United Arab Emirates.

Trump family holds talks for stake in Binance U.S. arm

Bloomberg on MSN · 21h

Trump Crypto Venture Has Talked to Binance About Doing Business

Discussions between the family’s World Liberty Financial and the world’s largest digital-asset exchange are said to include possible work on new stablecoin.

Crypto News · 14h

Trump Family’s Reported Binance.US Talks Draw Scrutiny from Elizabeth Warren

The Trump family allegedly held talks to potentially buy stake in the U.S. arm of Binance, the Wall Street Journal reported Thursday.

Business Insider · 1d

Trump Trade: Trump family holds talks for stake in Binance U.S. arm

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of

U.S. Senate Takes 1st Big Step to Advance Stablecoin Bill

Bloomberg on MSN · 21h

Landmark Stablecoin Bill Advances in Senate Banking Committee

The Senate Banking Committee advanced landmark stablecoin legislation Thursday in a major victory for the ascendant cryptocurrency industry, despite strong objections from top Democrat Elizabeth Warren.

Axios Sneak Peek on MSN · 20h

Stablecoin bill clears Senate committee

The Senate Banking Committee Thursday voted to send a stablecoin bill to the full chamber for debate. Why it matters: The committee markup on the GENIUS Act was a key step in advancing a stablecoin bill,

CoinDesk · 21h

U.S. Senate Takes First Big Step to Advance Stablecoin Bill

The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.

Live Bitcoin News5d

Binance Stablecoin Reserves Reach New All-Time High

Binance stablecoin reserves hit a record $31.3 billion, signaling market growth, increased investor confidence, and crypto ...

Crypto News Flash1h

Binance’s CZ Hints at FTX’s Possible Involvement in LUNA Crash

Former Binance CEO raises questions on the potential involvement of the infamous FTX exchange in the LUNA/UST crash or depeg ...

What Binance’s record-high stablecoin reserves mean for Bitcoin prices

Binance [BNB] stablecoins have hit a record high of $31.5B, prompting a CryptoQuant analyst to project that a Bitcoin upside ...

Binance Stablecoin Reserve Hits ATH, Here’s Implication For Bitcoin

Binance exchange is building its ERC-20 stablecoin volume to match market demand, a trend that can sustain Bitcoin price ...

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