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State of Crypto: Interpreting the Paxos-Binance Tea Leaves

NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.

Updated Feb 16, 2023, 4:21 p.m. Published Feb 15, 2023, 9:47 p.m.
(Rene Bruun/EyeEm/Getty Images)
(Rene Bruun/EyeEm/Getty Images)