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ZyCrypto
2023-02-19 21:04:25

Paxos Says It’s Prepared to Challenge the SEC Over BUSD Security Claims

Paxos Says It’s Prepared to Challenge the SEC Over BUSD Security Claims

Paxos, a leading regulated blockchain and tokenization infrastructure platform, has responded to the U.S. Securities and Exchange Commission over its issuance of Binance USD “BUSD” stablecoin. In a Jan 13 blog, Paxos refuted claims by the SEC that BUSD is a security under federal securities laws. The response by Paxos comes after the SEC sent a

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