coinpedia
2023-02-13 12:47:29

The SEC Declares War on Crypto- Paxos, a Licensed Firm, is Sued By Regulators!

The post The SEC Declares War on Crypto- Paxos, a Licensed Firm, is Sued By Regulators! appeared first on Coinpedia Fintech News With the fresh round of allegations, The SEC is now behind stablecoins after failing to nail cryptos and crypto platforms. Paxos has been registered with the New York State Department of Financial Services (NYDFS) and has been minting BUSD in collaboration with Binance. The BUSD is a stablecoin backed by USD, unlike to other algorithmic …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.