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https://www.dfs.ny.gov/consumers/alerts/Paxos_and_Binance https://www.dfs.ny.gov/consumers/alerts/Paxos_and_Binance It was approved by the New York State Depar
by Saline9515 2y ago
https://www.dfs.ny.gov/consumers/alerts/Paxos_and_Binance https://www.dfs.ny.gov/consumers/alerts/Paxos_and_Binance
It was approved by the New York State Department of Financial Services (NYDFS).
- jqpabc123 2y agoFrom your reference: The Department has not authorized Binance-Peg BUSD on any blockchain, and Binance-Peg BUSD is not issued by Paxos. If you insist, feel free to replace BUSD with an unregulated "stable coin" of your choice. How about FDUSD?
- Saline9515 2y agoThe sentence right before says "It is important to note that the Department authorized Paxos to issue BUSD on the Ethereum blockchain." As far as I know Binance ended the Binance-pegged BUSD (the BNB chain version bridged from ethereum) without any problem or holder loss?