Paxos Settles $48.5 Million with NY Regulators Over Binance Partnership Issues, SEC Probe Concluded
Paxos Trust Company has resolved a significant regulatory dispute, agreeing to a $48.5 million settlement with the New York Department of Financial Services (NYDFS) stemming from compliance failures related to its partnership with Binance and the Binance USD (BUSD) stablecoin.… Read More »Paxos Settles $48.5 Million with NY Regulators Over Binance Partnership Issues, SEC Probe Concluded