BUSD issuer Paxos has categorically disagreed with the allegations by the SEC. The firm's press release indicated vigorous litigation in this matter if necessary.
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NYDFS
Summary: Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum. Zeller argued that the Paxos-issued stablecoin...
Summary: Paxos was ordered to stop minting Binance USD (BUSD) by the New York Department of Financial Services. The order...
Fintech giant PayPal has reportedly paused working on its stablecoin due to the renewed regulatory crackdown on crypto firms. PayPal was working with Paxos, which is currently facing a probe by the NYDFS.
Key takeaways: PayPal has announced the launch of new features, including crypto transfers with other wallets. Initially, PayPal users could...
Binance USD (BUSD) is now ranked 10th on Coinmarketcap Binance USD’s market cap has exceeded $11 Billion There are now...
Summary: Tyler Winklevoss has dubbed Zchash as the most underrated crypto right now This was after Bittrex announced the planned...
Financial Giant May Soon Support Ethereum According to a recent report from The Block, which cited a podcast interview with...