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Paxos Trust Company has released a statement noting that it “categorically disagrees” with the United States securities regulator which has painted Binance USD (BUSD) as a security.
In the Feb. 13 statement, the BUSD issuer confirmed recent reports that it had received a Wells notice from the United States Securities and Exchange Commission (SEC) over BUSD and its alleged failure to register the offering under federal securities laws.
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