Market Cap: $2,194,659,136,299
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Cryptocurrencies: 29430
Markets: 111449
Cryptocurrencies: 29430
Markets: 111449
Market Cap: $2,194,659,136,299     
24h Vol: $46,535,277,491
CoinDesk 2023-02-15 21:47:47

State of Crypto: Interpreting the Paxos-Binance Tea Leaves

State of Crypto: Interpreting the Paxos-Binance Tea Leaves
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates securities laws, and the New York Department of Financial Services has asked Paxos to cease issuing the token.
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