According to TokenInsight, the price of $BNB dropped 4.71% over the last hour, trading at $299.87 now.
Earlier today, stablecoin issuer Paxos was ordered by the New York Department of Financial Services to stop issuing $BUSD.
Binance
Stablecoins
Policy and Regulation
U.S. Treasury Official Warns Against Non-U.S. Stablecoin Issuers CZ Zhao Has to Stay in the U.S. Ahead of Sentencing in February Next Year Binance and Crypto Community Display Resilience Amidst DOJ Settlement Binance Settles Criminal Charges for $4.3 Billion, CZ Zhao Steps Down as CEO U.S. Seeks More Than $4 Billion Fines From Binance to End Criminal Investigation
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