📣 Good news for Paxos! The US Securities and Exchange Commission (SEC) has decided to abandon its investigation into stablecoin issuer Paxos and will not file an enforcement case. In February 2023, Paxos received a notice from the SEC alleging that its Binance USD token (BUSD) was an unregistered security. However, Paxos has always maintained that its USD-backed stablecoins are not securities under federal securities laws. Let's go BTC! 🚀 What do you think of this news? Comment below!