Sources: the SEC has told crypto firm Paxos it plans to sue the company, alleging the Binance USD token, which it issues and lists, is an unregistered security (Wall Street Journal)


Wall Street Journal:

Sources: the SEC has told crypto firm Paxos it plans to sue the company, alleging the Binance USD token, which it issues and lists, is an unregistered security  —  The agency has been intensifying its enforcement of major crypto players  —  The Securities and Exchange Commission …

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