Update on SEC Investigation of Paxos’ BUSD Stablecoin: No Regulatory Action Will Be Taken

**SEC Investigation Update on Paxos’ BUSD Stablecoin: Regulatory Body Will Not Enforce Penalties** In a significant turn of events, the Securities and Exchange Commission (SEC) has announced that it will not impose any enforcement actions against Paxos regarding its BUSD stablecoin. This update brings a wave of relief to the broader crypto community, as regulatory

Source: CoinOtag