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The Crypto Basic
2023-02-13 15:57:10

BUSD Issuance Stops, CZ Responds, BUSD Will Be Redeemable, Is USDC Next?

BUSD Issuance Stops, CZ Responds, BUSD Will Be Redeemable, Is USDC Next?

U.S. regulatory crackdown on crypto companies gains momentum. Paxos has disclosed that it will end its relationship with Binance for the Binance USD stablecoin and will end the issuance of new tokens on Feb. 21. Paxos disclosed this in a press release today, saying it acts per directives from the New York Department of Financial The post BUSD Issuance Stops, CZ Responds, BUSD Will Be Redeemable, Is USDC Next? first appeared on The Crypto Basic .

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