Firm Behind Binance's BUSD Stablecoin in Talks with the SEC – Here's the Latest

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Firm Behind Binance's BUSD Stablecoin in Talks with the SEC – Here's the Latest

Paxos, a blockchain infrastructure platform and the issuer of Binance’s stablecoin Binance USD (BUSD), is in talks with the U.S. Securities and Exchange Commission over its decision to consider the stablecoin a security. 
In an email to employees, Paxos CEO Charles Cascarilla said Paxos is having "constructive discussions" with the commission over BUSD, adding that they will continue the conversation in private, Reuters reported. ...
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Original source: CryptoNews