Stablecoin
Paxos Under NYDSF Investigation into BUSD | Learn More About “Howey Test”
Feb 20, 2023
Paxos Under NYDSF Investigation? The New York Department of Financial Services (NYDFS) investigated Paxos Trust, an issuer of stablecoins including Binance’s BUSD. A spokesperson for the regulator said that Paxos “has breached its obligation to perform appropriate, periodic risk assessments...