THE HASH: Binance's CZ Distances Himself from BUSD Stablecoin; SEC's Latest Crypto Scrutiny

The most valuable crypto stories for Tuesday, Feb. 14, 2023. 

"The Hash" squad weighs in on today's top stories, including Binance’s Chief Executive Officer Changpeng “CZ” Zhao distancing himself from the Binance-branded stablecoin BUSD after regulatory action caused minting to cease. Plus, Bloomberg reports the U.S. Securities and Exchange Commission (SEC) plans to propose rule changes that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms.

See also: ​​

Binance Hires Former Gemini-Exec as Chief Compliance Officer: Bloomberg

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure

SEC to Make It Harder for Hedge Funds to Work With Crypto Firms: Bloomberg

This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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