Tuesday, February 14, 2023

Binance stablecoin backer says US SEC has labeled token an unregistered security

The firm behind Binance's stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it should have registered the product as a security and is considering taking action against the platform.

from Tech-Economic Times https://ift.tt/VFJnN6b
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