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CoinOtag 2024-07-11 14:47:56

SEC Drops Investigation on PAXOS: Implications for Bitcoin and BUSD Clarified

The U.S. Securities and Exchange Commission (SEC) recently decided to terminate its investigation into PAXOS, a groundbreaking development in cryptocurrency regulation. In an unexpected decision, the SEC declared that BUSD, a prominent stablecoin, doesn’t qualify as such, hinting at a possible change in its regulatory stance. Bitcoin’s price has been volatile, primarily influenced by U.S.

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