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BNB $928.88 -0.53%
Optimism $0.79 -3.59%
Arbitrum $0.52 -4.51%
Solana $241.89 -0.39%
Polygon $0.22 +2.77%
Cosmos $4.66 -3.19%
Avalanche $29.77 -0.67%

Bitcoin $115,227.50 -0.66%
Ethereum $4,613.70 -1.36%
BNB $928.88 -0.53%
Optimism $0.79 -3.59%
Arbitrum $0.52 -4.51%
Solana $241.89 -0.39%
Polygon $0.22 +2.77%
Cosmos $4.66 -3.19%
Avalanche $29.77 -0.67%

New York Regulator Launches Investigation into Stablecoin Issuer Paxos

Stablecoin giant Paxos confirmed to be under investigation by New York financial authorities.

The New York Department of Financial Services (NYDFS) has acknowledged an ongoing probe.

Known for running Binance USD (BUSD), Paxos is an industry leader in stablecoin technology. Offerings also include the native Paxos stablecoin USDP.

Paxos

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New York Regulator Launches Investigation into Stablecoin Issuer Paxos

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