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CoinOtag 2024-07-11 15:39:44

SEC Drops Investigation into Binance USD Stablecoin Issuer Paxos

The SEC has recently ceased its investigation into Paxos’s involvement with the Binance USD (BUSD) stablecoin. This decision comes after a series of regulatory actions and signals potential shifts in the stablecoin market. According to Paxos, they received an official termination notice from the SEC on July 9, stating that no enforcement action would be

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