NYDFS’ Crackdown On Paxos May Be Prompted By Circle’s Complaint

The intensified regulatory crackdown against Paxos and its crypto offerings may not have anything to do with their security status, as claimed by regulators. A lawyer recently took to Twitter to highlight recent developments that may explain the New York Department of Financial Services’ motivation to go after the BUSD issuer. According to Collins Belton, The post NYDFS’ Crackdown On Paxos May Be Prompted By Circle’s Complaint appeared first on Coin Edition .