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The U.S. SEC said it reached a settlement with TrueCoin LLC and TrustToken Inc., following charges involving the sale of stablecoin TrueUSD.
The US Securities and Exchange Commission (SEC) has announced charges settlement with TrustToken, the issuer of the TrueUSD stablecoin. TrustToken and TrueCoin were both named in the settlement as the markets regulator said they offer unregistered securities to investors.
The Securities and Exchange Commission announced a settlement with TrustToken and TrueCoin for defrauding investors regarding TrueUSD.
TrueCoin LLC and TrustToken Inc. were charged with fraudulent and unregistered sales of investment contracts over TrueUSD.
Binance Margin will delist TUSD from Cross and Isolated Margin pairs on July 24, 2024, affecting BTC/TUSD and TUSD/USDT pairs.
Binance announces updates to its zero-fee trading structure for TUSD spot and margin trading pairs, effective from July 16, 2024.
Cloud-based multi-asset platform Uphold has begun notifying some of its customers about its decision to suspend support for Tether's USDT, and Gemini's GUSD among other stablecoins.
Binance, the world's largest cryptocurrency exchange, announced the delisting of several spot trading pairs due to poor liquidity and trading volume. This decision is part of Binance's periodic review process aimed at maintaining a high-quality trading environment for its users.
The TrueUSD stablecoin is natively available on four chains – Ethereum, BSC, Tron, and Avalanche – with all others available in wrapped versions.
Stablecoin TrueUSD (TUSD) affiliated with Justin Sun lost nearly 80% in market capitalization after crypto exchange Binance removed several trading pairs with it. TrueUSD (TUSD), a stablecoin issued by the TrustToken platform, which currently operates as Archblock, declined by 78.
The announcement by Binance to stop supporting XRP could have some negative sentiment on the coin as various speculations about the possible reasons are expected to start flying.
Binance, the top cryptocurrency exchange, has made waves by announcing the end of supporting XRP, adding an unexpected twist to the market narrative. Despite this, the XRP price has shown a slight recovery, reflecting the resilience of investors amid these developments.
Binance Futures discontinues support for XRP and TUSD as margin assets in the Multi-Assets Mode from 2024-05-28 06:00 (UTC).
Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted to just 612 million.
The exchange, renowned for its commitment to user safety and maintaining a secure platform, disclosed its plans on March 13, 2024, indicating the removal of COMP/TUSD, EDU/TUSD, and PENDLE/TUSD pairs, alongside BNB pairs with Arpa and EduCoin. These changes are scheduled to take effect on March 15, 2024, at 3:00 am UTC.
Binance plans to delist several TrueUSD (TUSD) spot trading pairs.
Binance announces the delisting of several TrueUSD trading pairs, including COMP/TUSD, EDU/TUSD, and PENDLE/TUSD, as part of its efforts to maintain a high-quality trading environment. TrueUSD will still be available for trading on other pairs on the exchange.
Binance, one of the world's leading cryptocurrency exchanges, has unveiled plans to delist multiple TrueUSD (TUSD) trading pairs, citing reasons related to market quality and user protection. Delisting announcement In an official notice released on March 13, 2024, Binance disclosed its decision to remove several TUSD trading pairs from its platform.
Binance has announced the upcoming cessation of trading for several stablecoin spot trading pairs associated with Justin Sun-linked stablecoin TrueUSD (TUSD). The paris include COMP/TUSD, EDU/TUSD, and PENDLE/TUSD.
Binance will delist the COMP/TUSD, EDU/TUSD and PENDLE/TUSD trading pairs on March 15 at 03:00 UTC.
Binance, the largest cryptocurrency exchange, has announced the removal of several spot trading pairs as part of its ongoing efforts to ensure user protection and maintain market quality. The delisting affects spot trading pairs concerning Binance Coin (BNB) and Justin Sun's TrueUSD (TUSD) as quote currencies.
Crypto exchange HTX, previously known as Huobi, has unexpectedly deactivated its proof-of-reserves feature.
HTX turned off proof of reserves while TUSD, linked to HTX stakeholder Sun, loses dollar peg raising collateralization concerns
Market analysis reveals ongoing stability challenges for the stablecoin trueusd in maintaining its targeted $1 peg. As of 10:30 a.m. Eastern Time (ET) on Jan. 25, 2024, the token's trading value fluctuated between $0.979 and $0.981. Concurrently, the Aave-developed stablecoin GHO has seen a rise to the $0.
