Paxos Trust Company, the New York-based financial institution designated with the issuance of Binance USD (BUSD) and Paxos Dollar (USDP) is under the scrutiny of the New York Department of Financial Services (NYDFS). As reported by a “person familiar with the matter” the reason for scrutiny is yet to be disclosed. Recently, the company had The post Paxos Trust Company is Under Scrutiny: NYDFS Investigates appeared first on Coin Edition .
