stablecoin - Claimpayback

Paxos to stop minting new BUSD stablecoin

0xMain
February 13, 2023

BUSD, Hacking, minting, Paxos, stablecoin, stop

Hours after the US Securities and Exchange Commission (SEC) had issued a Wells notice to Paxos, the issuer of BUSD, the company was reportedly told to stop issuing the stablecoin. New York regulator orders Paxos to stop new BUSD minting Changpeng Zhao, the...

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SEC to pursue Paxos for Binance USD stablecoin issuance

0xMain
February 13, 2023

Binance, Hacking, issuance, Paxos, pursue, SEC, stablecoin, USD

SEC has begun legal plans to sue Paxos for issuing and listing Binance USD, a well-known stablecoin in the crypto ecosystem. The financial watchdog argues that the firm’s token issuance violates investor protection laws. SEC trails Paxos The US Securities and Exchange Commission...

Hong Kong regulators push for stablecoin guidelines

0xMain
January 31, 2023

guidelines, Hacking, Hong, Kong, push, regulators, stablecoin

Regulators in Hong Kong are looking to establish guiding principles for stablecoins before the end of 2023. The news is the latest in a series of crypto-focused regulations from Hong Kong as the city looks to revert to its former cryptocurrency-friendly stance. Stablecoin...