[ad_1] Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images The U.S. Securities and Exchange Commission…
Tag: Binance USD/USD
Crypto markets on edge as U.S. regulatory crackdown on industry intensifies
[ad_1] Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin. Jakub Porzycki | Nurphoto | Getty Images Digital currency markets are on edge…
Paxos ordered to cease minting Binance stablecoin by New York regulator
[ad_1] Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial…
A stablecoin collapse could spill into the U.S. bond market and economy, professor warns
[ad_1] The near $1.4 trillion collapse of the crypto market in 2022 didn’t make a dent to traditional assets like stocks or to the real economy. But one academic has…