Paxos Will No Longer Issue Binance USD Stablecoin
The New York Department of Financial Services (NYDFS) ordered crypto infrastructure firm Paxos to stop issuing the stablecoin Binance USD (BUSD), a Binance spokesperson told The Block.
Crypto Firm Paxos To Stop Issuing Dollar-Pegged Binance Token
New York regulators directed a crypto company to stop issuing one of the largest dollar-pegged cryptocurrencies, as a government clampdown on the sector widens.
Crypto Morning Briefing: SEC To Sue Paxos,Hong Kong Hires Banks for Inaugural Tokenized
The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar (USDP) and Binance USD (BUSD) tokens, over the latter stablecoin, the Wall Street Journal reported Sunday.
SEC To Sue Crypto Trust Co. Paxos Over Binance Stablecoin
The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar (USDP) and Binance USD (BUSD) tokens, over the latter stablecoin, the Wall Street Journal reported Sunday.
PayPal Pauses Stablecoin Project Amid Paxos Probe
PayPal's putting work on its stablecoin on ice amid increasing regulatory scrutiny, Bloomberg News reported, citing a source.
New York Regulator Launches Investigation into Stablecoin Issuer Paxos
Stablecoin giant Paxos confirmed to be under investigation by New York financial authorities.
Paxos Dollar (USDP) Briefly Loses Peg as NYDFS Reportedly Probes the Platform
The USDP stablecoin lost its peg briefly on Feb. 10 after falling to $0.98. The New York Department of Financial Services (NYDFS) is reportedly probing Paxos.
Crypto Morning Briefing: Kraken Ends Staking Program in $30M Fine; 3AC Co-Founders Launch Open Exchange
NY regulator is investigating Paxos; Ethereum co-founder Joe Lubin says no chance ETH is classed as security; Worldcoin to raise $120M at $3B token valuation.
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The New York Department of Financial Services (NYDFS) is investigating stablecoin issuer Paxos, CoinDesk has learned.
Paxos Launches Engineering Research & Development Center of Excellence in Israel
Paxos, the most comprehensively regulated blockchain and tokenization infrastructure platform, announced it is launching an engineering research & development center of security and cryptography excellence in Israel.
