Binance Spokesperson Confirms: Paxos Will Stop Minting New BUSD Tokens
After the news that the US Securities and Exchange Commission (SEC) intends to sue the issuer Paxos for determining that the stablecoin Binance USD (BUSD) is an “unregistered security” earlier today (13th), the incident has made new progress. Cryptocurrency exchange Binance noted that Paxos has been instructed to stop minting new BUSD. According to reports, …
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