New York-based crypto company Paxos is pushing back against the idea that stablecoin Binance USD (BUSD) is a security. In a statement released on Monday, Paxos says it received a “Wells Notice” from the Securities and Exchange Commission (SEC) on February 3rd, with the regulator stating that it is “considering recommending an action alleging that The post Stablecoin Issuer Paxos Categorically Disagrees With SEC’s Notice Alleging That Binance USD Is a Security appeared first on The Daily Hodl .
