Paxos Trust Faces SEC Lawsuit Over Binance USD Stablecoin
Paxos Trust, a stablecoin issuer, has received a Wells notice from the SEC indicating that the regulator is planning to sue the company for violating investor protection laws in regards to Binance USD stablecoin. This article explores the implications of the lawsuit for Paxos and the stability of the stablecoin market.
<p>The post Paxos Trust Faces SEC Lawsuit Over Binance USD Stablecoin first appeared on CCNC.</p>