Here's what we are reading this morning:
How the SEC and Paxos-BUSD fight could impact the stablecoin market: The U.S. Securities and Exchange Commission (SEC) could be gearing up to take action against Paxos, over the issue of whether Binance USD (BUSD) is a security.
Peloton's rise, fall and attempted comeback: Peloton used to be the toast of Wall Street. Now, under CEO Barry McCarthy, it's a year into an aggressive turnaround that has altered the company's identity.