Crypto agency Paxos is below fireplace because the New York State Division of Monetary Providers orders the agency to cease minting new Binance USD (BUSD) stablecoins.
The regulator posted a press release saying this was the consequence “of a number of unresolved points associated to Paxos’ oversight of its relationship with Binance in regard to Paxos-issued BUSD.”
Ash Bennington is joined by Marshall Hayner, CEO and founding father of Metallicus, to debate how it will affect the broader business.
We need to hear from you — ship us your questions, feedback, and strategies.
#paxos #minting #binance #stablecoin #busd #metallicus #sec #cryptoregulation #staking #stakingcrypto
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