Paxos Faces Scrutiny From New York Regulators As They Gear Up To Protect Consumers

BUSD and USDP issuer Paxos have come under New York regulators’ radar. Although there is no specific reason for the investigation, reports revealed that the New York Department of Financial Services (NYDFS) launched a probe into Paxos’ operations. Related Reading: Bank Of England Mentions Ripple In New CBDC Consultation Paper, Here’s Why According to a