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Crypto: SEC Closes BUSD Probe, Paxos Announces

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Crypto Paxos

The news came like a thunderbolt in the crypto world: the SEC has officially ended its investigation into the BUSD stablecoin without taking coercive measures. Paxos, the issuer of the stablecoin, announced this news with a sigh of relief. While the crypto industry often navigates choppy waters with regulators, this decision marks a significant turning point. Let's explore the implications of this news in four distinct parts.

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