La SEC poursuit Paxos pour Binance USD : Détails

• La SEC a émis un avis Wells à Paxos, une société de paiement blockchain, sur Binance USD (BUSD).
• L'agence estime que le BUSD, un stablecoin détenu et émis par Paxos, est un titre non enregistré. 
• Un avis Wells est une lettre que la SEC utilise pour informer les entreprises des mesures d'exécution prévues.
• La société de paiement blockchain dispose de 30 jours pour répondre à l'avis dans un mémoire juridique.

---

Rumors seeped into the crypto space that US authorities were planning to dry up the banking access of firms like Paxos, a New York-based financial company specializing in blockchain payments. While such rumors were denied, a report has cleared up the fact that the payments firm has been sued by the United States Securities and Exchange Commission (SEC) over the stablecoin of the world’s largest crypto exchange, Binance USD (BUSD). 

Selon un récent rapport from the Wall Street Journal (WSJ), people familiar with the matter have confirmed that the SEC issued a Wells Notice to Paxos. It is crucial to note that a “Wells Notice” is a letter the US securities regulator uses to inform companies of planned enforcement action. The report also confirms that the letter alleges that Binance US is an unregistered security. 

An important aspect of a Wells notice is that the receiver is given a period of close to 30 days to submit a brief and respond to the accusations mentioned in the notice. This legal brief is known as a “Wells Submission” and includes arguments to prove why the charges should not be brought against prospective defendants.

On the other hand, a spokesperson from the SEC told CoinTelegraph that the agency “does not comment on the existence or nonexistence of a possible investigation.” A spokesperson from leading exchange Binance commented on the accusations of the regulator, adding that the Binance USD is a “Paxos issued and owned product,” with Binance licensing its brand to the firm for use with BUSD. 

Le porte-parole a également ajouté que Paxos est réglementé par le Département des services financiers de New York (NYDFS) et que le BUSD est adossé au dollar américain dans un rapport de 1:1. 

“Stablecoins are a critical safety net for investors seeking refuge from volatile markets and limiting their access would directly harm millions of people across the globe,” the spokesperson added. “We will continue to monitor the situation. Our global users have a wide array of stablecoins available to them.”

Fait intéressant, Binance USD (BUSD) est le troisième plus grand stablecoin par capitalisation boursière, qui s'élève à une valeur de $16,14 milliards. Il est émis et détenu par Paxos depuis que les sociétés de paiement se sont associées à Binance en 2019. De plus, la société basée à New York est également propriétaire et émetteur du stablecoin Paxos Dollar (USDP), qui a fait ses débuts dans l'espace crypto en 2018.

Additionally, FOX Business journalist, Eleanor Terrett, tweeted on Feb. 12 that this move was a “unilateral effort” between the SEC and other regulators to “blitz crypto.” Rumors circulated in the market that the Fed and OCC are in the midst of a massive crypto de-banking operation, Paxos and others were told by the OCC to either withdraw their banking charter applications or they would be denied by Friday last week. These rumors were denied by the payments company, but Terrett pointed out that more Wells Notices can be expected in the coming days.

Comme indiqué précédemment par Bitnation, la SEC a également arrondi son cas avec l'échange de crypto Kraken, qui devra payer $30 millions de restitution, prejudgment interest, and civil penalties. The regulator claimed that Kraken’s staking services were unregistered securities. 

Dernières nouvelles