Paxos
-
Potential SEC Lawsuit Against Paxos Could Impact the Stable Currency Market
On February 20, it was reported that if the United States Securities and Exchange Commission formally filed a lawsuit against Paxos, it would have a significan…
-
Decrease in BUSD Supply Indicates Shift Towards Stability in Crypto Market
On February 20, according to statistics, 28.61 BUSDs have been withdrawn from the market in the past six days, that is, the supply has decreased by 17.77% duri…
-
Paxos Treasury’s BUSD Destruction: The Significance of Managing Stablecoin Supply
According to the report, Whale Alert monitoring data showed that at 02:12 on February 18, 2023 Beijing time, Paxos Treasury destroyed 89821823 BUSDs.
P…
-
Institutions Plan to Launch a Stable Currency to Replace BUSD
It is reported that some institutions have contacted and proposed to launch a new stable currency to replace BUSD. According to Patrick Hillmann, the chief str…
-
Regulatory Action Against BUSD and Paxos: Analysis and Concerns
It is reported that Bernstein said in a research report on Thursday that the regulatory action against the Binance USD (BUSD) stable currency and its issuer Pa…
-
Paxos Treasury Destroys Nearly $97 Million Worth of BUSDs
On February 16, according to Whale Alert data, Paxos Treasury destroyed 96953902 BUSDs (worth 96934512 US dollars).
Paxos Treasury destroyed more than …
-
NYDFS Request for Paxos to Halt BUSD Production
According to reports, Coinbase said in its official tweet that this week the New York State Department of Financial Services (NYDFS) asked Paxos to stop issuin…
-
Crypto Market Falls Below $1 Trillion as BUSD Casting Suspended by Paxos
It is reported that the total market value of cryptocurrency fell below US $1 trillion after Paxos, the issuer of the US dollar stable currency, announced the …
-
Paxos Admits Receiving Notice from SEC Regarding BUSD
According to reports, according to Monday\’s press release, Paxos, the issuer of the stable currency, admitted that it had received the notice from the United S…
-
Potential Risks in Blockchain Tokens: The Case of Binance and Paxos
It is reported that Circle reported to the New York Financial Services Department (NYDFS) in the fall of 2022, complaining that the blockchain data showed that…
-
The Circle-BUSD Partnership and the Adoption of Paxos: A Game-Changer for Yingtou Securities
7:00-12:00 Key words: Circle, BUSD, Paxos, SEC, Yingtou Securities
Summary of important developments at noon on February 14
Analysis based on this…
-
NYDFS Orders Paxos to Stop Issuing BUSD
On February 14, the New York State Department of Financial Services (NYDFS) officially explained that: \”The department has ordered Paxos to stop casting the BU…
-
BUSD-USDT Trading Pairs Volume Increases Dramatically as Paxos Stops Issuing New BUSD and Terminates Binance Partnership
On February 13, according to CryptoCompare data, since Paxos announced that it would stop issuing new BUSD and terminate its partnership with Binance on Februa…
-
US SEC Regulation Influence on BUSD Anchor price
On February 13, it was reported that after the US SEC took regulatory action against the issuer of BUSD, Paxos, the anchor price of BUSD began to be unstable. …
-
BUSD to be Redeemed with Full Support until 2024
On February 13, Paxos said that the existing BUSD would be fully supported and redeemed at least until February 2024.
Paxos: The existing BUSD will be …
-
Paxos’ Assurance of Fund Safety Amid SEC Investigation
On February 13, CZ, the founder of Binance, released a tweet in response to the recent \”SEC investigation of PASD publisher Paxos\” incident, saying that Paxos …
-
The United States Securities and Exchange Commission: An Absolute Struggle?
According to reports, Frank Chaparo, the News Director of The Block, tweeted that the United States Securities and Exchange Commission (SEC) was engaged in an …