Bitcoin sank to a two-year low after Binance confirmed earlier rumors and news reports that it was ready to back out of the FTX deal, struck between the CEOs of the two exchanges on Tuesday. Cryptocurrency prices plunged for a second straight day on Wednesday after crypto exchange platform Binance announced it was pulling out of its deal to purchase its failing rival FTX Trading. Top cryptocurrency market caps, data from CoinGecko, 2022-11-30. Three of the top six are centralized stablecoins. “A case around whether the removal of support of a token amounts to a misuse of market power would be a novel and speculative claim, with very uncertain outcomes given that there are many other exchanges where USDC is available,” he said. In jurisdictions such as Australia, Bacina said, consumer competition laws prohibit those with “a substantial degree of power in a market” from using that power to eliminate or damage a competitor, preventing market entry or deterring someone from engaging in competitive conduct in a market.
As an exchange that controls more than three times the daily transaction value of its nearest competitor, concerns have been raised about the possible anti-trust implications of Binance’s move to apparently sideline other stablecoins in order to promote its own. “Many countries have strong anti-competition or anti-trust laws, and these have not seen much, if any, application to cryptocurrencies to date,” said Michael Bacina, a digital law specialist and partner at Australian commercial law firm Piper Alderman, in a written commentary to Forkast. The exception is loans for education expenses, which are subject to a waiting period of three business days, according to federal law. When customers see that you are upfront about the costs associated with using their preferred payment method, they feel more confident in doing business with you. It is very impossible to sell simply the idea to venture investors, thus to raise money through this method, you must at least have the MVP ready. For new investors, some of the best online brokerages for beginners also offer a robo-advisor service — some exclusively operate this way. Being transparent about debit card processing fees shows that you value your customers’ trust and are committed to providing them with a fair and honest service.
The link with the various travel service providers, data collection, organization of data and the transmission becomes easy through the third-party API. Leo Jakobson, Modern Consensus editor-in-chief, m.blog.naver.com is a New York-based journalist who has traveled the world writing about incentive travel. Lachlan is a journalist and producer at Forkast working from Melbourne, Australia. His work can be found in numerous magazines in Australia on topics ranging from culture to science. Lachlan holds a Bachelor’s degree in Journalism from Macleay College in Australia. Binance, the issuer of the world’s third-largest stablecoin BUSD, announced on Monday it would convert customers’ holdings in three rival stablecoins – USDC, Pax Dollar (USDP) and True USD (TUSD) – into BUSD on Sept. Binance has been growing aggressively, announcing plans in June to take on embattled stablecoin issuer Tether (USDt) by launching a Binance-backed stablecoin called BGBP. The issuer of USD Coin (USDC), the world’s second-largest stablecoin after Tether, has raised questions about crypto exchange giant Binance’s decision to stop supporting USDC and other stablecoins on its platform. The blockchain is backed by crypto exchange giant Binance, so automated market makers (AMMs) could get more liquidity from the exchange while getting more publicity from Binance promoting the DEX’s products, said Aries Wang, co-founder of crypto exchange Bibox.
On-chain analysis shows that from Aug. 13 to Aug. 26, Binance’s USDC holdings dropped from US$2.2 billion to US$960 million, while its holdings of BUSD increased from US$16.6 billion to US$18 billion during the same period, according to data from blockchain data aggregator Glassnode. One research team18 did a survey of visitor and nursing satisfaction with an open visiting policy and found the same conflict of patients’ care needs compared with patients’ and relatives’ emotional needs. The weight each scoring factor receives is based on a nationwide survey on what borrowers look for in a lender. Here in this article, we are going to look into the revenue-generating factors that a Binance clone script comprises. This is especially useful whenever prices move within a specific range or a “sideways market,” where assets fluctuate within a tight range for an extended period without going in a particular direction. And Bryan didn’t just close the deal and move on, he remained our point of contact for years. This could propel the dot price prediction to close the trade for the year at $7.6845. 6. XRP: Integration with the Ripple (XRP) blockchain, allowing users to hold and trade XRP. Binance having more than 4 million active users and also increasing no of users day-by-day.