2023-8-8 22:57 |
“The difference is significant because we have a prudential regulator,” said Paxos head of strategy Walter Hessert. origin »
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“The difference is significant because we have a prudential regulator,” said Paxos head of strategy Walter Hessert.
2023-8-8 22:57 | |
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Coinbase will suspend trading of Binance USD (BUSD) from March 13 following an order from New York state's financial regulator for Paxos to stop issuing BUSD
2023-2-28 20:36 | |
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News of the talks comes a week after Paxos said it received a Wells Notice from the regulator.
2023-2-22 17:23 | |
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New York’s top financial regulator is investigating stablecoin issuer Paxos – and, according to a new report, it was rival stablecoin issuer Circle that sounded an alarm.
2023-2-14 22:38 | |
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Paxos has been ordered to discontinue Binance USD, the third largest stablecoin in the crypto market. The End of BUSD Stablecoin issuer Paxos has landed in regulator crosshairs. The crypto...
2023-2-14 20:06 | |
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Paxos, the BUSD issuer, received a letter from the SEC on allegations of being unregistered security. The investigation could be a detriment on Binance’s part as NYDFS orders a stop to BUSD mThe post Could Binance USD [BUSD] be the next SEC casualty as regulator digs deep into… appeared first on AMBCrypto.
2023-2-14 19:30 | |
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Paxos Trust Company’s administration of Binance’s stablecoin left it open to use by bad actors, the New York Department of Financial Services told Reuters on Monday.
2023-2-13 19:02 | |
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The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
2023-2-14 16:09 | |
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The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
2023-2-13 16:09 | |
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Traders seem to be migrating from Paxos' BUSD stablecoin to tether.
2023-2-13 14:54 | |
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While Paxos claims that OCC has not barred them from obtaining a national bank charter, rumor is that the New York regulator forced it to withdraw the application. Paxos, a provider of stablecoins and brokerage services, asserted that New York’s…
2023-2-10 14:41 | |
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The New York Department of Financial Services is investigating crypto company Paxos, though the scope of the investigation is not yet clear.
2023-2-10 23:53 | |
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Paxos, issuer of the USDP stablecoin, can offer crypto products and services in Singapore after securing the license under the nation's Payment Services Act.
2022-11-2 03:00 | |
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The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia.
2022-3-10 17:00 | |
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Paxos is the latest company to obtain preliminary conditional approval from the U. S. Office of the Comptroller of the Currency (OCC) to establish a de novo National Trust Bank. This is the third such charter issued by the OCC, the top banking regulator, to a crypto native company.
2021-4-24 18:00 | |
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The regulator responsible for issuing licenses to crypto firms in NY greenlisted 8 coins for trading, including all 3 Paxos tokens.
2020-8-10 08:38 | |
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Paxos, which operates a cryptocurrency exchange and several stablecoins, obtained the nod of the US Securities and Exchange Commission (SEC) to run a pilot project that will leverage blockchain for the stock market, according to a statement released last week.
2019-11-8 16:00 | |
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The SEC has issued yet another ‘no action‘ letter. Was it Congressman Tom Emmers’ denunciation of the regulator, or was it simply a hat tip to the need to move forward to a more efficient future? Either way, the SEC has granted approval for equities trades to be settled using a Paxos-run blockchain.
2019-10-31 22:49 | |
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With the recent launch of regulated crypto offerings such as PAXG and BUSD on the market, the global digital currency landscape appears to be rapidly evolving
2019-9-19 14:57 | |
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CEO Binance CZ achieved another victory in the US market and thereby pushed his BNB token to further growth. American regulator NYDFS (the New York State Department of Financial Services) has approved the launch of new stablecoin Binance USD (BUSD), pegged to the dollar, on the Paxos platform. Paxos has been acting in compliance with […]
2019-9-9 12:00 | |
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Companies and projects wishing to attract the best and brightest young talent need to offer bitcoin salaries. A recent survey of cryptocurrency enthusiasts found that 66% of the community would prefer to receive their wages with these new assets than fiat.
2018-9-12 17:05 | |
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Ever since fears arose around Tether (USDT), it seems like a new stablecoin is released every week to try and take its place. Today two new stablecoins have been revealed, with the distinction of being approved by the financial regulator known for the New York Bitlicense.
2018-9-11 02:15 | |
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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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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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Caroline Pham said the CFTC would “get back to basics,” using a series of roundtable talks with crypto industry bigwigs to tackle regulatory pain points.
The House Committee on Oversight and Government Reform has issued a formal letter to multiple crypto firms and organizations, requesting evidence and accounts of instances where crypto firms and individuals have been systematically denied access to banking services.
Grayscale and CoinShares file for Litecoin, Solana, and XRP ETFs as the SEC under Trump establishes a pro-crypto regulatory framework. The post Grayscale and CoinShares target new crypto ETFs including Litecoin, Solana, and XRP appeared first on Crypto Briefing.
GOP House investigates crypto debanking practices in ChokePoint 2.0, probing into alleged unlawful banking restrictions on crypto firms. The post GOP House begins ChokePoint 2.0 investigation into crypto debanking appeared first on Crypto Briefing.
The repeal of SAB 121 may boost crypto adoption by reducing financial barriers for banks, potentially expanding digital asset services. The post SEC scraps SAB 121 rule, easing crypto custody accounting for banks appeared first on Crypto Briefing.
President Donald Trump signed an executive order on Jan. 23 establishing a new working group focused on crypto, potentially a “strategic national digital assets stockpile,” and prohibits advancements in creating a central bank digital currency (CBDC).
Trumps executive order establishes a crypto working group to regulate digital assets and explore a Bitcoin strategic reserve. The post Trump signs executive order on crypto, moving closer to a strategic Bitcoin reserve appeared first on Crypto Briefing.