Could Binance USD [BUSD] be the next SEC casualty as regulator digs deep into…

Could BinanceUSD [BUSD] be the next SEC casualty as regulator digs deep into…

Meanwhile, details from the information assessed above showed that BUSD has been starved of deposits in the last 24 hours. This condition might infer caution taken by investors following the disclosure.Department of Financial Services , which regulates stablecoins in the U.S., also looked into the matter earlier.that the regulator would be going after several unregistered offers in the coming weeks.from WSJ showed that the NYDFS had directed Paxos to stop minting BUSD.

2/ We were informed by Paxos they have been directed to cease minting new BUSD by the New York Department of Financial Services .— CZ 🔶 Binance Subscribe to get it daily in your inbox.

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