2023-2-19 17:27 |
U.S. SEC goes after Paxos and Do Kwon as it looks to bring crypto under its control, bitcoin leads the market in recovery. origin »
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Paxos claims it has so far issued a total of $50 million-worth of its Paxos Standard crypto stablecoin since its official launch last month.
2018-10-16 06:18 | |
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OKEx, the third-biggest cryptocurrency exchange by daily trade volume, has announced the listings of four stable coins: TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD) and Paxos Standard Token (PAX).
2018-10-16 01:45 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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Traditional venture capitalist (VC) investments are leveraging the decline in initial coin offerings (ICO) as the cryptocurrency industry tries to find bearing amid regulatory shifts and losses across the crypto markets.
2018-10-3 19:39 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform.
2018-9-27 20:50 | |
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One of the largest cryptocurrency exchanges in the world, Binance, is home to a huge list of coins trying to make a mark in the cryptocurrency world. The most recent listing by the exchange is the Paxos stablecoin which will debut with two currency pairs — Bitcoin and Binance Coin.
2018-9-25 17:29 | |
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Earlier this month, three stablecoins (Gemini, Paxos and Carbon) that are pegged 1:1 to the U. S. dollar launched with regulatory approval. But many investors don’t like the dollar’s inflationary features and some undoubtedly prefer value stored in precious metals.
2018-9-21 00:00 | |
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Grandshores Technology Group, a Hong Kong–listed investment holding company, is seeking to raise around $12. 7 million through a digital token fund, according to reports from the South China Morning Post (SCMP).
2018-9-19 00:42 | |
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Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.
2018-9-16 18:41 | |
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It’s a busy week for believers of stablecoins. Carbon launched on Wednesday the third stablecoin making its debut this week — joining Gemini dollar and Paxos. On Sept. 10, Gemini and Paxos were approved by New York State Department of Financial Services (NYDFS) as regulated stablecoins, a move widely-hailed by fintech enthusiasts.
2018-9-13 15:30 | |
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Called CarbonUSD (CUSD), this is the latest stablecoin project to emerge this week after the Winklevoss twins launched GUSD and Paxos introduced PAX.
2018-9-13 13:30 | |
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On the same day that New York State Department of Financial Services (NYDFS) approved the Winklevoss twins’ Gemini dollar as a regulated stablecoin, NYDFS approved Paxos Standard’s PAX coin (CRYPTO: PAX) as stablecoin and tokenized dollar.
2018-9-12 17:30 | |
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On the same day that New York State Department of Financial Services (NYDFS) approved the Winklevoss twins’ Gemini dollar as a regulated stablecoin, NYDFS approved Paxos Standard’s PAX coin (CRYPTO: PAX) as stablecoin and tokenized dollar.
2018-9-12 17:30 | |
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Right on the heels of the Winklevoss twins’ enterprise announcement that Gemini will be matching cryptocurrency and fiat finances dollar-for-dollar with its new stablecoin, New York-based Paxos joins the realm of federally regulated crypto assets.
2018-9-11 14:00 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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Paxos today announced the launch of Paxos Standard, a regulated crypto asset. The Paxos Standard (PAX) token is fully collateralized 1:1 by the U. S. dollar, issued by the Paxos Trust Company, and approved and.
2018-9-11 21:40 | |
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Blockchain startup Paxos has launched a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors.
2018-9-10 16:00 | |
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On August 9, 2018, Paxos, the parent company of crypto exchange itBit, announced the launch of the Paxos Confirmation Service, a tool designed to streamline the post-trade confirmation process for the precious metals market.
2018-8-10 19:30 | |
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Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error.
2018-8-9 18:15 | |
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The New York DFS approved Paxos’s application to offer cryptocurrency trade services for four more coins and granted Xapo a virtual currency license.
2018-6-16 22:19 | |
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The Paxos Trust Company are a blockchain powered ‘trust’ who aim to use notions of trust to build products that simplify settlement and eliminate risk. According to Paxos: “Eliminating settlement risk starts with the ability to settle assets and payments simultaneously.
2018-6-15 14:30 | |
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In this edition of the weekly recap, two solo miners independently secured block rewards worth approximately $300,000 each, a social engineering attack resulted in $282 million in stolen cryptocurrency, and Strategy announced its largest Bitcoin purchase. Independent miners achieve improbable…
The US Senate Banking Committee, led by Chairman Tim Scott, has postponed the markup of a crypto market structure bill that was scheduled for Thursday. “I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and…
PENGU price is pressing into a descending trendline just as the Securities and Exchange Commission pushes back its decision on a Pudgy Penguins exchange-traded fund. At the time of writing, PENGU was trading around $0.012, up 0.2% over the last…
The U.S. Securities and Exchange Commission’s deputy director of the Division of Corporation Finance, Cicely LaMothe, has announced her retirement after a 24-year tenure with the commission, during which she supported several pro-crypto initiatives that helped lay the groundwork for…
Bitcoin Magazine SEC Charges Bitcoin Miner for Duping Investors Out of $48. 5 Million A solo bitcoin miner was charged by the SEC for misappropriating $48. 5 million from investors by selling bogus mining hosting agreements that promised passive income.
The SEC ends another investigation... this time it's Aave. Cases involving crypto firms like Coinbase, Kraken, and Uniswap Labs have either been dismissed or dropped.
The SEC’s Office of Investor Education and Assistance issued a bulletin warning retail investors about crypto asset custody risks. The guidance covers how investors can store and access digital assets through crypto wallets, which hold private keys rather than the…