SEC Drops Investigation, Does Not Classify BUSD as a Security

**SEC Drops Investigation, Does Not Classify BUSD as a Security** In a significant development for the cryptocurrency community, the U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into Paxos and its stablecoin, Binance USD (BUSD). The regulatory body determined that BUSD does not qualify as a security, providing a sense of relief

Source: CoinOtag