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Sources: the SEC has told crypto firm Paxos it plans to sue the company, alleging the Binance USD token, which it issues and lists, is an unregistered security (Wall Street Journal)

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Wall Street Journal:

Sources: the SEC has told crypto firm Paxos it plans to sue the company, alleging the Binance USD token, which it issues and lists, is an unregistered security  —  The agency has been intensifying its enforcement of major crypto players  —  The Securities and Exchange Commission …



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