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The post Binance CEO CZ Vows To Support BUSD, Keep it Afloat Despite Regulatory Setback appeared first on Coinpedia Fintech News The Securities and Exchange Commission (SEC) of the United […]
The post Binance CEO CZ Vows To Support BUSD, Keep it Afloat Despite Regulatory Setback appeared first on Coinpedia Fintech News
The Securities and Exchange Commission (SEC) of the United States intends to prosecute Paxos, the company behind the Pax Dollar (USDP) and Binance USD (BUSD) tokens, over the latter stablecoin. After learning of the SEC’s plans, Paxos declared it would stop producing new BUSD tokens. According to a representative for Binance, Paxos is the sole …
