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Paxos to stop minting new BUSD stablecoin 

Hours after the US Securities and Exchange Commission (SEC) had issued a Wells notice to Paxos, the issuer of BUSD, the company was reportedly told to stop issuing the stablecoin. New York regulator orders Paxos to stop new BUSD minting Changpeng Zhao, the CEO of Binance, broke the news on Feb. 13 after being informed […]
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Coinbase CEO calls for regulation of stablecoin issuers

Coinbase’s CEO, Brian Armstrong, proposed a plan on Monday to bring regulatory stability to the crypto industry. He believes the law will encourage the adoption of stablecoins. Stablecoin issuer regulation: a positive development Armstrong has argued in a blog post that regulation should start with centralized entities like stablecoin issuers, exchanges, and custodians because they […]
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