US Regulators Target Paxos Over BUSD Stablecoin: Will Other Stablecoin Issuers Be Next?

The US SEC and a financial regulator in New York have launched investigations against Paxos, the operator of BUSD stablecoin which is owned by Binance exchange. It is unclear whether the attack is solely directed towards Binance or whether other stablecoin issuers could be targeted next. Recently, t ...