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ZyCrypto
2023-03-02 12:46:21

Stablecoins Come Under The SEC’s Crosshairs, But Paxos Still Has A Few Options Left Up Its Sleeve

Stablecoins Come Under The SEC’s Crosshairs, But Paxos Still Has A Few Options Left Up Its Sleeve

Following the SEC’s notice to Paxos to stop minting Binance USD (BUSD), only a handful of options remain for the issuing entity, each potentially changing the entire stablecoin ecosystem. On Feb 13, the U.S. Securities and Exchange Commission (SEC) announced that it was opening an investigation into the issuance of BUSD on allegations that it

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