Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,405,151,129,172.36
  • 24h Vol: $56,409,600,528.25
  • BTC Dominance: 56.51%

conversion

hong-kong’s-largest-virtual-bank-offers-crypto-conversion-services

Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

Leave a Comment / accounts, Bank, Banking, banking services, banks, Bitcoin, China, chinese, Chinese Yuan, conversion, Crypto, Crypto Hacked, crypto hub, crypto industry, crypto market, crypto sector, Cryptocurrencies, Cryptocurrency, Dollar, Ethereum, Fiat, Finance, financial center, Hong Kong, Hong Kong Dollar, U.S. dollar, virtual bank, Yuan, ZA Bank / / / , , , , , , , , , , , , , , , , , , , , , , , , ,

ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first […]

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binance-converts-$1-billion-busd-into-bitcoin,-bnb,-and-ethereum

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Leave a Comment / Asset, Binance, Binance BUSD, Bitcoin, bnb, BTC, BUSD, Changpeng Zhao, circulating supply, conversion, Crypto Hacked, Cryptocurrency, CZ, Decision, depegging, depegging incidents, ETH, Ethereum, exchange portfolio tool, fund, Industry Recovery Initiative, Investors, Nansen, News, Onchain movements, Parity, Paxos, Reassurance, Regulators, safe, Silicon Valley Bank, Stablecoin, Stablecoin Prices, Stablecoins, SVB, Transparency, troubles, USDC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be noticeable following the announcement. CZ’s Decision to Convert $1 Billion BUSD Comes Amidst Troubles

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