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CoinOtag 2024-07-11 15:18:47

SEC Closes Paxos BUSD Investigation, Enhancing Stablecoin Regulatory Clarity

The SEC has officially concluded its investigation into Paxos Trust Company regarding its Binance USD (BUSD) stablecoin. This closure marks a significant step towards providing regulatory clarity for stablecoins. Notably, this development follows a favorable legal outcome for Binance, which may have influenced the SEC’s decision on Paxos. SEC concludes investigation into Paxos’ BUSD, ensuring

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