SEC Crypto Hit List: Paxos Facing Suit Over Binance USD Stablecoin Listing
The U.S. Securities and Exchange Commission has issued a Wells Notice to Paxos, claiming that its Binance USD stablecoin listing violates securities laws.
Binance’s BUSD Stablecoin May Soon Face SEC Enforcement, Here’s Why
The U.S. Securities and Exchange Commission (SEC) is reportedly looking into suing Paxos Trust Co. the issuer of the world’s third-largest stablecoin BUSD. The development comes just within a week…
SEC Plans To Sue Paxos For Listing Binance USD Stablecoin As An Unregistered Security
Key Points: According to the Wall Street Journal, the Securities and Exchange Commission aims to sue Paxos for listing the Binance USD coin, claiming it is an unregistered security.
Stablecoin issuer Paxos to face SEC lawsuit over Binance USD: Report
According to people familiar with the matter, the notice relates to Binance USD, which is being seen by the SEC as an unregistered security.
SEC to Sue Crypto Trust Co. Paxos Over Binance Stablecoin: WSJ
The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar and Binance USD tokens, over the latter. The news comes days…
SEC to sue Paxos for listing Binance USD stablecoin: WSJ
The U.S. Securities and Exchange Commission plans to sue Paxos for listing the Binance USD coin, alleging it is an unregistered security, according to the Wall Street Journal.
New York Regulator Launches Investigation into Stablecoin Issuer Paxos – Binance BUSD in Trouble?
Stablecoin giant Paxos confirmed to be under investigation by New York financial authorities.
Optimism (OP) Soars 30% Amid Binance’s BUSD Integration
The OP price has risen 30% in the last 24 hours, reaching values close to its absolute highs of $3, which have not been seen since the token’s airdrop in…
BUSD Sees Sharp Fall Amidst Solvency And Mismanagement Concerns
Binance’s BUSD stablecoin has seen a sharp fall in market capitalization, as its circulating supply dropped to $15.4 billion on Wednesday. The BUSD stablecoin has dropped around $1 billion over…
Binance USD stablecoin loses $2 Billion in a Month, Token Mismanagement to Blame?
The third largest stablecoin, Binnace’s BUSD, has seen its circulating supply drop by a margin of $7 billion in less than a month. According to aggregate data provided by Coingecko,…
