SEC Drops Investigation Into Paxos, Decides BUSD Stablecoin Not a Security: Report
July 11 2024 - 2:41PM
The Daily Hodl
The U.S. Securities and Exchange Commission (SEC) is abandoning
its probe into the stablecoin-issuer Paxos, according to multiple
reports. Per Fortune, the SEC’s decision to no longer pursue Paxos
over its BUSD stablecoin signals a win for the crypto industry,
indicating that the regulator is no longer considering stablecoins
as securities. According to an announcement […]
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SEC Drops Investigation Into Paxos, Decides BUSD Stablecoin Not a
Security: Report appeared first on The Daily Hodl.
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Decides BUSD Stablecoin Not a Security: Report
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