Paxos in Talks With SEC Over Binance Stablecoin: Report
The company's CEO said it wants the conversations to remain private, at least for now.
The company's CEO said it wants the conversations to remain private, at least for now.
The financial watchdog plans to release its recommendations for crypto asset regulations focusing on stablecoins.Â
The world’s largest crypto exchange has turned towards an alternative stablecoin following the crackdown on Paxos and Binance USD (BUSD).
Circle refuted numerous claims and rumors that it has become the latest target in the U.S. SEC’s war on crypto.
The CEO of Binance also admitted that the two loudest crashes of 2022 have changed the regulators' approach.
The SEC is upping the ante in its war on the industry. After Kraken, its next target is reportedly stablecoin
Messari revealed that Tron's financial results in Q4 outperformed those from Q3, while user transactions were also on the rise.
DJED is expected to set the stage for more opportunities for the Cardano ecosystem around DeFi, payments, etc.
The Djed stablecoin is scheduled for roll out after the chain index syncing compeletes.
Cryptocurrencies pose both complementary opportunities and competitive threats to Visa, per the company’s annual shareholder report.Â