Paxos

SEC May Sue Against Paxos, Stablecoin Market Suffers Huge Impact

Key Points: Although not yet official, the US Securities and Exchange Commission (SEC) is most likely preparing to take action…

2 years ago

Weekly Top Crypto News (Feb 13 – Feb 19)

For the first time in 6 months in a bear market, Bitcoin reclaims its favorite $25,000 mark. The crypto community…

2 years ago

Binance Mints 50 Million TUSD Stablecoin Causes TRU Price To Spike 200%

Key Points: Binance minted 49.99 million TRU, stablecoin running on the Ethereum blockchain. Despite having a modest market value, the…

2 years ago

Binance Will Pay Fines To Solve US Investigations Since 2018

Key Points: The world's leading cryptocurrency exchange Binance said it would accept fines to resolve investigations being carried out by…

2 years ago

The SEC May Be Using BUSD As An Excuse To Attack Paxos

Paxos, which has been rumored since last week, is officially facing back and forth from regulators. In addition to being…

2 years ago

The SEC May Make Hedge Funds Tougher To Access Crypto Firms With New Proposal

Key Points: To qualify as "qualified custodians," or businesses that keep client funds for money managers, the SEC would make…

2 years ago

After Severely Punishing Kraken, Will The SEC Attack BUSD Again?

According to people familiar with the matter, stablecoin issuer Paxos will face a lawsuit by the US Securities and Exchange…

2 years ago

Paxos Treasury Has Destroyed Over 400 Million BUSD Since Complying With Ban

Key Points: Since complying with the cease-and-desist order for Binance Stablecoins (BUSD), Paxos Treasury has destroyed Over 400 million BUSD.…

2 years ago

Competitor Circle Reported Paxos – BUSD Mistakes To New York Authorities

Key Points: Circle is said to have reported the mistakes of rival Paxos to New York authorities. The NYDFS February…

2 years ago

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