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Paxos ordered to cease minting Binance stablecoin by New York regulator

Por: CNBC Tech February 13, 2023

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In this articleChad Cascarilla, CEO of Paxos.Adam Jeffery CNBCCryptocurrency firm Paxos will cease issuing new Binance USD, or, stablecoins under the direction of New York state's financial regulator, Binance founder Changpeng Zhao said Monday. Paxos' own stablecoin was not impacted.The New York State Department of Financial Services issued as a result of several unresolved issues related to Paxos' oversight of its relationship... + full article



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