CoinDesk: Paxos General Counsel on Stablecoin Backings, Risks and Regulations

  • Thursday, 22 July 2021 19:30
CoinDesk: Paxos General Counsel on Stablecoin Backings, Risks and Regulations © CoinDesk
Paxos, the crypto infrastructure firm behind Paypal, has released a breakdown of reserves of its stablecoins PAX and BUSD for the first time. Paxos General Counsel Dan Burstein discusses the key takeaways, noting differences between Paxos' products and other stablecoins like USDC and USDT. Plus, his take on stablecoin risks and regulations, as well as implications for Binance facing global regulatory scrutiny. #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: Site: Twitter: LinkedIn: Instagram: Facebook: Newsletters: CoinDesk Podcast Network: Markets Daily Crypto Roundup: CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

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