Is the SEC action against BUSD more about Binance than stablecoins?
SEC enforcement action against BUSD raises questions about whether regulator is focused on coin market stables or on the Binance crypto exchange.
![The action of the SEC vs. BUSD more on Binance than stablecoins?](https://s3.cointelegraph.com/uploads/2023-02/4e185c88-1ebd-4144-8c8d-0dcac2820fba.jpg)
![Is the SEC action against BUSD more about Binance than stablecoins?](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvNGUxODVjODgtMWViZC00MTQ0LThjOGQtMGRjYWMyODIwZmJhLmpwZw==.jpg?#)
SEC enforcement action against BUSD raises questions about whether regulator is focused on coin market stables or on the Binance crypto exchange.
![The action of the SEC vs. BUSD more on Binance than stablecoins?](https://s3.cointelegraph.com/uploads/2023-02/4e185c88-1ebd-4144-8c8d-0dcac2820fba.jpg)
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