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Stablecoin Issuer Paxos Faces NYDFS Probe

Stablecoin Issuer Paxos Faces NYDFS Probe

Paxos Trust Co., the issuer of Binance’s stablecoin, is facing an investigation by the New York State Department of Financial Services (NYDFS), one of the most stringent state regulators in the United States, Bloomberg reported.

NYDFS Probes Paxos

There is no official confirmation on the investigation either from the regulator or the stab... Read More

Posted: Feb 10 2023, 09:44
Author Name: financemagnates
Views: 102158

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