I reached a financial settlement of $48.5 million with the State of New York, after issues regarding the partnership with Binance related to anti-money laundering.

#Paxos #BinanceNews #CryptoRegulation #CryptoLaw #Write2Earn

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This means that Paxos, which was working with Binance, paid a huge fine to the New York government due to violations of money laundering laws. The crypto regulation scene is intense these days!

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