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Binance has launched a function allowing users to instantly convert from other stablecoins into BUSD. The ratio to convert PAX, USDC and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the current market price.
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How pissed off is Canada about the collapse of the Quadriga exchange? Any cryptocurrency exchange that doesn’t deliver bought coins immediately — but holds them on the platform — is now subject to securities regulation.