SEC Clears Paxos!
SEC's decision to end its investigation into Paxos and declare $BUSD not a security marks a pivotal moment for stablecoins in the regulatory landscape. It provides clarity and potentially sets a precedent for how other stablecoin issuers will be viewed by regulators. This move could bolster confidence in the stablecoin market, reassuring investors and market participants about the regulatory compliance and legitimacy of these digital assets.