BUSD Redemptions Soar Near $290M In 8 Hours After NYDFS Consumer Alert – Bitcoin News
Before Paxos published a press release at 6am ET Monday, the BUSD stablecoin had approximately 16.16 billion tokens in circulation. ...
Tag: NYDFS
Circle Blows Whistle on Binance Reserves to NYDFS: Report
The New York State Department of Financial Services, or NYDFS, reportedly received a complaint from the issuer of stablecoin Circle ...
Paxos Receives SEC Pit Notice, NYDFS Orders Issuer to Stop Minting BUSD Bitcoin News
According to a report published on February 12, 2023, New York-based financial institution and technology company Paxos received a notice ...
NYDFS Publishes Guidance on the Importance of Segregation and Separate Accounting for Client Funds in the Crypto Industry – Regulation Bitcoin News
On Monday, the New York Department of Financial Services (NYDFS) released guidance on custody structures to help protect client money ...
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