bitcoin is edging back up to $22K as risk markets await the latest U.S. inflation numbers. LedesmaLyllah reports
It was rival stablecoin issuer Circle that sounded the alarm on Paxostipped off the New York Department of Financial Services in the fall of 2022, complaining that blockchain data revealed Binance did not have enough reserves to back up the BUSD tokens it had issued through Paxos.
The sharp decline means managers may be less hesitant to allocate money to risk assets, including cryptocurrencies, than at the end of 2022.
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