Regulators Drop Investigation: Paxos Triumphs with BUSD Stablecoin Victory

Paxos, the blockchain infrastructure firm known for the Binance USD (BUSD) stablecoin, revealed last Thursday that regulatory authorities have ceased their investigation into its dollar-pegged tokens. This outcome signifies a significant legal triumph for the cryptocurrency sector, particularly in clarifying the legal status and regulatory handling of stablecoins. Paxos announced that the SEC has ended

Source: CoinOtag