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Category: Paxos Trust Company

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$16.1 billion $492 million $898.16 million 5 billion 9 alleged violations Binance Binance USD BUSD circulating supply enforcement action financial institution founded investor protection laws ItBit limited-purpose trust charter Market Capitalization monitor News NYDFS PAXG Paxos Paxos Trust Company probe redemptions SEC securities regulator situation Stablecoin stablecoin issuers Supply technology company unregistered security USDP wells notice year-to-date statistics

Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD

Feb 13, 2023 Robert Brown

According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission…

$21.78 billion Altcoins attestation reports Binance Binance Dollar Binance Exchange Binance USD BUSD BUSD 7th largest BUSD stablecoin Market Cap Market Capitalization monthly attestations Paxos Paxos Trust Company Stablecoins Tether Tether (USDT) usd coin usd coin (USDC) USDC USDT WithumSmith+Brown

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months

Oct 22, 2022 Robert Brown

In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth…

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