In response to the U.S. Securities and Exchange Commission’s (SEC) regulatory action against its native stablecoin, Binance USD (BUSD), Binance has turned to a new set of stablecoins. After the SEC sent a Wells notice alleging that BUSD violates U.S. securities law, the New York Department of Financial Services (NYDFS) ordered the issuer Paxos Trust … Binance turns to alternative stablecoins after SEC cracks down on BUSD Read More »
