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Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

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Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

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The exchange’s new CEO, Richard Teng, who succeeded founder Changpeng “CZ” Zhao earlier this month as part of a $4.3 billion settlement with the U.S., recently wrote in a blog post that he is committed to working with regulators and ensuring that the exchange complies with American laws.

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