Binance

Lawmakers from opposing parties disagreed over who and what was truly to blame for a devastating crypto crash that left customers collectively burnout out of billions in losses during a Wednesday Senate Banking Committee hearing.

Binance’s prime stablecoin Binance USD is on the outs after regulators at both the state and federal level took aim at the company that was issuing one of the most popular stablecoins on the market.

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“Crypto? Oh, that’s right, cryptocurrencies. Those fake digital coins, right? I remember seeing them at last year’s Super Bowl. Larry David was in one. I thought that commercial was pretty funny. Say, how is that whole crypto thing doing?”