PAXOS won the SEC confrontation and will further consolidate its stablecoin status

The international unit of New York-based Paxos will issue a stablecoin pegged to the U.S. dollar, but it will not be issued in the United States.
Paxos, expanding to Solana, faces regulatory challenges while growing partnerships and market presence.
Stablecoin issuer Paxos took two successive regulatory blows last week from the U.S. SEC and NYDFS.
The recent regulatory action against Paxos and Binance over the partnership's dollar-pegged stablecoin has spooked investors.
CZ doubled down on his belief that BUSD should not be subject to US securities law and that that the exchange will continue to support BUSD.
The environmental impact of bitcoin mining has long been a topic of great debate in the community.
Brazil's prominent payment app PicPay has decided to venture into the world of cryptocurrencies by teaming up with crypto exchange ...
Bitcoin is considered an energy-demanding network. This has brought negative attention from politicians, regulators, institutions, and individuals that claimed the ...