May 1, 2025

BREAKING: SEC Drops Paxos Probe, Validates BUSD Non-Security Status

1 min read

In what could be a major victory for stablecoin issuance and regulation in the US, the Securities and Exchange Commission (SEC) has decided to drop its investigation into Paxos, providing a major boost to the stablecoin sector. According to a Fortune report on the matter, the decision was communicated to Paxos by Jorge Tenreiro, acting

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Source: Bitcoinist

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