Binance’s CZ Distances Himself from BUSD Stablecoin; SEC’s Latest Crypto Scrutiny

“The Hash” squad weighs in on today’s top stories, including Binance’s Chief Executive Officer Changpeng “CZ” Zhao distancing himself from the Binance-branded stablecoin BUSD, after regulatory action caused minting to cease. Plus, Bloomberg reports the U.S. Securities and Exchange Commission (SEC) is planning to propose rule changes that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms.