SEC
Paxos to Stop Minting Stablecoin BUSD: What Happens Next?
Stablecoin issuer Paxos will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services (NYDFS), with the news coming just after a report of the threat of legal action from the U.S. Securities and Exchange Commission (SEC). Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell weighs in. "The lesson showing people here is that over the last few years, the greatest mistake is to be an on shore regulated company in the crypto space," Campbell said.
SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms
As long as crypto platforms and lenders aren’t registered as exchanges or banks, they wouldn’t qualify as custodians in the latest SEC limits proposed for registered investment advisors.
The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good for Bitcoin
While the largest cryptocurrency has not been a direct focus for regulators, bitcoiners should not become cheerleaders.
A SEC está mirando em Paxos e (irritantemente) é bom para Bitcoin
Embora a maior Criptomoeda não tenha sido o foco direto dos reguladores, os bitcoiners não deveriam se tornar líderes de torcida.
La SEC está apuntando a Paxos y (molesto) es bueno para Bitcoin
Si bien la Criptomonedas más grande no ha sido un foco directo para los reguladores, los bitcoiners no deberían convertirse en animadores.
La SEC sta prendendo di mira Paxos e (fastidiosamente) è un bene per Bitcoin
Sebbene la più grande Criptovaluta non sia stata un obiettivo diretto per i regolatori, i bitcoiner non dovrebbero diventare cheerleader.
La SEC vise Paxos et (c'est ennuyeux) c'est bon pour Bitcoin
Même si la plus grande Cryptomonnaie n’a pas été une priorité directe pour les régulateurs, les bitcoiners ne devraient pas devenir des pom-pom girls.
Ang SEC ay Naglalayon sa Paxos at (Nakakainis) Ito ay Mabuti para sa Bitcoin
Habang ang pinakamalaking Cryptocurrency ay hindi naging direktang pokus para sa mga regulator, ang mga bitcoiner ay hindi dapat maging mga cheerleader.
Bitcoin Above $22K 'Remarkable' Sign of Resilience: ProChain Capital President
Bitcoin (BTC) remains above $22,000 despite increased regulatory pressure on the industry after Kraken's $30 million SEC settlement and Paxos receiving a Wells Notice. ProChain Capital President David D. Tawil shares insights into BTC's resilience amid macro headwinds and the impact of CPI data. Plus, takeaways from Tuesday's Senate Banking Committee hearing on safeguarding financial digital assets.
Former SEC Chief Counsel Says Agency Needs to Make Clear Its Crypto Compliance Rules
“When the SEC tells us that something is not compliant, it’s not necessarily the same thing as telling us what they would consider compliant,” said TuongVy Le, a partner and head of regulatory and policy at investment firm Bain Capital.
