According to recent reports, Paxos has been ordered to stop issuing Binance USD, a stablecoin that is pegged to the value of the US dollar. The order reportedly came from the New York State Department of Financial Services (NYDFS).
According to recent reports, Paxos has been ordered to stop issuing Binance USD, a stablecoin that is pegged to the value of the US dollar. The order reportedly came from the New York State Department of Financial Services (NYDFS).