Why Exactly Binance Stablecoin (BUSD) Was Being Targeted by SEC?

The post Why Exactly Binance Stablecoin (BUSD) Was Being Targeted by SEC? appeared first on Coinpedia Fintech News New York regulator NYDFS came down on stablecoin issuer Paxos last week […]

The post Why Exactly Binance Stablecoin (BUSD) Was Being Targeted by SEC? appeared first on Coinpedia Fintech News
New York regulator NYDFS came down on stablecoin issuer Paxos last week over Binance USD (BUSD), and Paxos had to stop minting the stablecoin, which was thought to be a part of the major crackdown against crypto-related companies. Regulators’ Crackdown on BUSD Makes no Sense However, it doesn’t make any sense because the real reason …