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Regulation News

SEC weighs action against Paxos, BUSD issuer

SEC weighs action against Paxos, BUSD issuer

After the hit to crypto exchange Kraken, the U.S. Securities and Exchange Commission is now targeting the stablecoin issuer Paxos and Binance's BUSD token.

Regulation covers the rules and laws surrounding crypto and blockchain.

Regulation affects exchanges, stablecoins, taxes, investor protection, and the way crypto companies are allowed to operate.