The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning the BUSD stablecoin, which is backed by […]
Source: https://news.bitcoin.com/sec-withdraws-enforcement-action-against-paxos-busd-stablecoin/
SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin
