🎱 Binance CEO Changpeng Zhao said that constant regulatory checks, as well as parallels with the lawsuit against FTX, allowed the exchange to prove its reliability and show advantages.

📵 The capitalization of Binance USD (BUSD) dropped to $3 billion - at its peak it was $23 billion. In February 2022, BUSD issuer Paxos announced that it would cease issuing tokens for Binance.