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The SEC has a stablecoin firm in its sights — and it could shake up the whole $137 billion market

Por: CNBC Tech February 20, 2023

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Paxos has been ordered by New York regulators to stop issuing the Binance USD (BUSD) stablecoin.Jakub Porzycki Nurphoto Getty ImagesThe U.S. Securities and Exchange Commission could be gearing up to take action against Paxos, a company that issues a type of cryptocurrency called stablecoin.The move will have major implications for the $137 billion market, experts told CNBC.Stablecoins are a type of cryptocurrency designed to mirror real-world... + full article



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