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The SEC Declares War on Crypto with Ryan & David

Bankless

CHAPTER

Regulatory Ripple: The BUSD Dilemma

This chapter examines the SEC's scrutiny of Binance's stablecoin, BUSD, and the complexities of defining stablecoins as securities. It highlights the implications of such regulatory actions on the cryptocurrency market, focusing on Paxos' situation and the broader dynamics within the DeFi ecosystem.

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