Crypto markets on edge as U.S. regulatory crackdown on industry intensifies
Publishing timestamp: 2023-02-14 07:02:28
Summary
Digital currency markets are on edge after a flurry of aggressive regulatory actions from U.S. authorities over the past few days. Bitcoin is slightly higher at $21826.68. Paxos has been told to stop minting new Binance USD stablecoins, and the SEC has notified Paxos that they could recommend action that alleges BUSD is a security. Investors are waiting to see what happens next on the regulatory front, and sentiment remains cautiously optimistic.
Sentiment: CAUTIOUSLY OPTIMISTIC
Tickers: BTC.CM=, BUSD.CM=, USDC.CM=, USDT.CM=,
Keywords: new york, business news, markets, binance usd/usd, bitcoin/usd coin metrics, united states, cryptocurrency, tether/usd coin metrics, usd coin/usd,