According to Odaily, the United States Securities and Exchange Commission (SEC) has decided to abandon its investigation into PAXOS. The regulatory body has also determined that BUSD does not fall under the category of securities. This decision marks a significant development in the ongoing discussions surrounding the classification of digital assets. The SEC's decision to halt its investigation into PAXOS and its ruling on BUSD could potentially influence future regulatory decisions regarding other digital assets. However, it is important to note that the SEC's decisions are subject to change and may not necessarily set a precedent for future cases. The regulatory landscape for digital assets remains complex and evolving, with each case being evaluated on its own merits.
