# Circle squashes rumors of planned SEC enforcement action

# Circle squashes rumors of planned SEC enforcement action

” Circle squashes rumors of planned SEC enforcement action “ USD Coin (USDC) issuer Circle has denied rumors that it received a “Wells Notice” over its United States dollar-pegged stablecoin. On Feb. 14, a now-deleted tweet from Fox Business reporter Eleanor Terrett claimed Circle had been ordered by the U.S. Securities and Exchange Commission (SEC)…

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# Paxos to stop minting BUSD stablecoins for Binance

# Paxos to stop minting BUSD stablecoins for Binance

” Paxos to stop minting BUSD stablecoins for Binance “ Blockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the New York regulators. Paxos officially announced on Feb. 13 that the firm will end its relationship with Binance for the branded USD-pegged stablecoin BUSD. Starting from Feb….

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