Feb 2023 Crypto Industry Updates
Table of Contents
Content will be sorted chronologically with latest at the bottom.
- SEC sues Do Kwon and Terraform Labs for fraud
- charged with orchestrating a multi-billion-dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities
- Paxos to stop issuing new BUSD at the direction of the New York Department of Financial Services (NYDFS) [21 Feb 2023]
- ending its relationship with Binance for the branded stablecoin BUSD.
- BUSD will continue to be redeemable through at least February 2024 for U.S. dollars or Paxos' own stablecoin, Pax Dollar