The United States Securities and Exchange Commission (SEC) has reportedly told stablecoin issuer Paxos Trust Co. that it's planning to sue the firm over violation of investor protection laws over Binance USD. Paxos is the owner and issuer of BUSD — a U.S. Dollar-collateralized stablecoin — which has been around since the firm struck a partnership with Binance in September…
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Crypto-friendly Stripe weighs public offering: Report
Internet payment processor Stripe is reportedly eyeing a public offering and has set a 12-month timeline to explore the possibility. Stripe has hired Goldman Sachs and JPMorgan Chase to advise on the feasibility and timing of a public-market debut, according to a Jan. 26 report by The Wall Street Journal.
