Changpeng Zhao, founder of cryptocurrency exchange Binance, is seeking a pardon from Trump for 2023 money-laundering ...

Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, has applied to become a national trust bank in the ...

Paxos has joined the list of firms seeking a national trust charter, with the stablecoin issuer following Circle and Ripple ...

Paxos Trust Company applies for a US trust bank license, aiming for greater oversight amid regulatory actions and stablecoin ...

On Wednesday morning in Abu Dhabi, Binance and Circle announced a strategic alliance that will see them promote USDC—a digital token backed 1:1 by the U.S. dollar—that is jointly owned by ...

Circle Internet Group, Inc. has announced a new partnership with Binance to bring the USYC stablecoin into Binance’s trading platform ...

Notably, Binance has been a long-time competitor of Coinbase Global Inc., which has a close relationship with Circle. USDC was launched through a joint venture between Coinbase and Circle in 2018.

Binance, its U.S. arm and its owner Changpeng “CZ” Zhao last week filed to dismiss the SEC case, arguing the regulator is seeking authority over digital assets without congressional authorization.

Circle will work with Binance to build relationships across the finance and commerce landscape, as companies seek to benefit “from crypto infrastructure and stablecoins for an “increasingly ...

Circle and Binance, as part of an ongoing tie-up, are collaborating on USYC as a means to make it easier for TradFi firms to post collateral.

The upshot is that Circle appears to have made peace with its old rival in order to take advantage of Binance’s vast network and find new customers for USDC. Binance, meanwhile, will be able to ...