> "The [New York] Department [of Financial Services] is monitoring Paxos closely to verify that the company can facilitate redemptions in an orderly fashion sub

> "The [New York] Department [of Financial Services] is monitoring Paxos closely to verify that the company can facilitate redemptions in an orderly fashion subject to enhanced, risk-based, compliance protocols," [1] [1] “Notice Regarding Paxos-Issued BUSD” https://www.dfs.ny.gov/consumers/alerts/Paxos_and_Binance https://www.dfs.ny.gov/consumers/alerts/Paxos_and_Binance