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838 SEC Ends Investigation into Paxos Over Binance Stablecoin

The Information
Yueqi Yang @ The Information · 07/11/2024 12:02 EDT

SEC Ends Investigation into Paxos Over Binance Stablecoin

The Securities and Exchange Commission has ended its investigation into stablecoin company Paxos and will not pursue enforcement action over its past issuance of BUSD, a Binance-branded stablecoin. Paxos said Thursday it received a formal notice from the SEC on July 9 about the termination of ...

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