News/The SEC has a stablecoin firm in its sights — and it could shake up the whole USD137 billion market
The SEC has a stablecoin firm in its sights — and it could shake up the whole USD137 billion market
2023-02-20 04:16:05Paxos said that the SEC had issued it a notice that the regulator is considering recommending an action alleging that BUSD is a security. Paxos said the notice suggests Paxos should have registered the offering of BUSD under federal securities laws.
Extract from article of cnbc
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