New York-based crypto company Paxos Trust Company is in "constructive talks" with the U.S. SEC following enforcement actions surrounding stablecoin Binance USD (BUSD).
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Coinlive The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.
CoindeskCZ believes there is no substance to reports that Jeremy Allaire, founder of Circle, secretly told New York regulators to look into Paxos and BUSD.
CryptoSlateThe recent regulatory action against Paxos and Binance over the partnership's dollar-pegged stablecoin has spooked investors.
decrypt加密交易所Paxos坚决不同意将币安美元稳定币归类为证券，强调必要时不排除起诉美国证监会。然而，恐慌情绪已经蔓延整个加密市场，币安美元稳定币正面临资金逃难潮，兑换USDT稳定币避险的交易量激增。
fx168newsBinance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November.
CoindeskFollowing Paxos move to halt minting BUSD, the Aave community has initiated a proposal to freeze its BUSD holding on Aave V2 Ethereum market.
CryptoSlateCZ doubled down on his belief that BUSD should not be subject to US securities law and that that the exchange will continue to support BUSD.
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