Asset-Backed Stablecoins

SEC Drops Paxos Investigation

Reading Time: 2 minutes The SEC has dropped its investigation into Paxos over the BUSD stablecoin after issuing a Wells notice over a year ago A notice seen by Fortune has revealed that the SEC will not take action against Paxos Trust Co.

Jul 27, 2024 - 10:30
SEC Drops Paxos Investigation
PaxosReading Time: 2 minutes The SEC has dropped its investigation into Paxos over the BUSD stablecoin after issuing a Wells notice over a year ago A notice seen by Fortune has revealed that the SEC will not take action against Paxos Trust Co.
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