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

The post <strong>The SEC Declares War on Crypto- Paxos, a Licensed Firm, is Sued By Regulators!</strong> appeared first on Coinpedia Fintech News With the fresh round of allegations, The SEC […]

The post <strong>The SEC Declares War on Crypto- Paxos, a Licensed Firm, is Sued By Regulators!</strong> 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 …