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Breaking: New York Regulator Orders Paxos To Stop Creating Binance's BUSD

source-logo  coingape.com 13 February 2023 06:16, UTC

The New York Department of Financial Services on Monday ordered Paxos Trust Co., the issuer of Binance USD (BUSD), to stop creating more of Binance’s dollar-pegged stablecoin. BUSD is the third-largest stablecoin by market cap.

coingape.com