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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 · 8h

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.

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

Bloomberg on MSN · 20h

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.

CoinDesk · 20h

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.

Axios Sneak Peek on MSN · 19h

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,

20hon MSN

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 ...

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 ...

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 ...

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 ...

20hon MSN

President Trump’s second term and cryptocurrency: Will bitcoin keep soaring as his family eyes a stake in Binance?

Donald Trumps second term has ignited a massive crypto surge, with Bitcoin skyrocketing past $109,000 just before his ...

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