August 9, 2025

NYDFS Slaps Paxos with $48.5 Million Deal Over BUSD and Binance Links

1 min read

Paxos has agreed to pay $48.5 million to settle with New York’s financial regulator over issues linked to its partnership with Binance and weaknesses in how it handled anti-money laundering checks.

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Source: BitDegree

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