Paxos In Talks With The SEC, Binance Partnership Over?

According to a Reuters report, Paxos, the first regulated blockchain infrastructure platform behind Binance’s stablecoin BUSD, is in ongoing discussions with the Securities Exchange Commission (SEC) following the regulatory crackdown on this industry. According to the report, Paxos CEO Charles Cascarilla said in an email sent Saturday that the company is in ongoing “constructive conversations”