By TH3FUS3 Editorial Staff
Paxos announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the Binance USD (BUSD) stablecoin without recommending any enforcement action. This decision is a significant step towards regulatory clarity for the crypto industry, especially for stablecoins.
In a letter to Judge Torres, Ripple referenced Judge Berman's recent opinion on secondary market sales in the Binance case.
The new legislation could bring regulatiory clarity and certainty to the cryptocurrency industry of the United States