What Happens to Prices in Deglobalization? - Daily Live 2.13.23 | E317
Bitcoin & Markets
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The New York DFS Clash Down on Binance USD Will Have Profound Impacts on Cryptocurrencies
The New York DFS said it was quote monitoring Paxos closely to verify that the company can facilitate redemptions in an orderly fashion subject to enhanced risk based compliance protocols. The Wall Street Journal citing unnamed sources reported on Sunday that the US Security and Exchange Commission has told Paxos it plans to sue the company alleging that you Binance USD isn't unregistered security. CZ: If the USD is ruled as a security by the courts, it will have profound impacts on the crypto industry.
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