Unfortunately for DeFi platforms, BUSD is an important stablecoin, and many of the new crypto projects are based on this coin. It is unfortunate that the SEC continues its witch hunt, however, this type of action only proves that decentralization is a better way to protect our assets.
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I think they should all be in a hurry to transition to another stablecoin. Paxos is based in NY and regulated there, so there's little Binance can do to stop the SEC from wrecking BUSD. Fortunately, there are many centralised or decentralized alternatives.