SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin

The Securities and Exchange Commission (SEC) has decided to extremity its probe into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins whitethorn not beryllium treated arsenic securities successful astir cases. This determination comes much than a twelvemonth aft the SEC sent Paxos a Wells Notice concerning the BUSD stablecoin, which is backed by […]