Summary
- Changpeng Zhao (CZ), CEO of Binance, addressed rumors around Paxos and Binance USD.
- Circle denied receiving a Wells notice from the U.S. SEC.
- News also included Polygon-based digital bonds, AI tokens, Sam Bankman-Fried’s VPN use, and more.
Binance CEO Addresses Rumors Around Paxos and BUSD
Binance CEO Changpeng Zhao addressed issues around Paxos and Binance USD in a wide-ranging Twitter Spaces AMA on Feb. 14th. CZ welcomed more stablecoin alternatives and expressed support for more diffusion and competition in the marketplace. He also expressed doubt about recent reports that Jeremy Allaire, founder of Circle, secretly told New York regulators to look into Paxos and BUSD.
Circle Denies Receiving Wells Notice From SEC
Circle denied that it has received a Wells notice from the U.S. Securities and Exchange Commission (SEC). Unsubstantiated rumors had emerged earlier in the day suggesting that such notice had been sent to Circle by the regulator which would have meant the beginning of enforcement against it. The denial was recorded in a tweet by CSO Dante Disparte on Feb 14th who wrote: „Circle has not received a Wells notice.“
Siemens Issues First Digital Bond on Polygon
German engineering giant Siemens announced on Feb 14th its issuance of its first digital bond on Polygon network as part of its venture capital arm Next47’s blockchain initiative called “PolyChain Ventures” which aims to explore new investment opportunities within decentralized technologies like decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), infrastructure projects, gaming applications and other blockchain-related investments.