Market Cap: $2,682,312,555,400
24h Vol: $86,071,715,590
Cryptocurrencies: 30360
Markets: 109411
Cryptocurrencies: 30360
Markets: 109411
Market Cap: $2,682,312,555,400     
24h Vol: $86,071,715,590
Cryptela — Cryptocurrency News and Market Intelligence
Bitcoin.com 2023-02-13 12:03:11

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its
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