Binance's Stablecoin Company Paxos in Discussions With US SEC Over Security Token
The firm behind Binance's stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and Exchange Commission after the regulator told the company it should have registered the token as a security, according to an internal email from Paxos' chief executive officer. "We are engaged in constructive discussions with the SEC, and we look forward to continu...
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Binance's Stablecoin Company Paxos in Discussions With US SEC Over Security Token
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Reviewed by V. Kumar
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February 21, 2023
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