2024-10-30 14:30 |
Paxos CEO urged regulatory reforms to maintain U. S. leadership in digital finance. Trump was viewed as a crypto-favorable candidate, driving market optimism. With the U. S. elections just dThe post U. origin »
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Paxos CEO Charles Cascarilla recently issued a letter to both Republican and Democratic candidates Donald Trump and Kamala Harris, highlighting the critical role the next presidential administration will play in determining America’s position in the crypto and global financial landscape.
2024-10-30 07:00 | |
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In an open letter to Vice President Kamala Harris and former President Donald Trump, Paxos CEO and co-founder Charles Cascarilla warned that America’s financial leadership hinges on whether the next presidential administration embraces digital assets and reforms outdated financial regulations.
2024-10-30 03:00 | |
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In a recent open letter, Paxos CEO Charles Cascarilla expressed concerns that the United States risks falling behind in global finance without adopting stablecoin technology. Addressed to current presidential candidates, Vice President Kamala Harris and former President Donald Trump, the…
2024-10-30 18:01 | |
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Paxos, a key player in the cryptocurrency industry, has caused a stir with an unexpected move. The company recently laid off approximately 20% of its staff, roughly 65 employees. This decision, however, appears to be part of a calculated gamble rather than a sign of financial distress.
2024-6-13 16:00 | |
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Stablecoin issuer Paxos downsized its workforce by 20% despite robust finances and optimistic growth projections in the stablecoin market, Bloomberg reported on June 12. In an email that notified employees of the change, Paxos CEO Charles Cascarilla said the staff reduction will allow the company to “best execute on the massive opportunity ahead in tokenization […] The post Paxos cuts 20% of workforce amid strong financials due to ‘de-prioritizing adjacencies’ appeared first on CryptoSlate.
2024-6-13 04:00 | |
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Paxos has reportedly laid off roughly 20% of its staff, with this decision communicated to the affected employees via email on Tuesday. Crypto publication The Block reported on Wednesday that Paxos co-founder and CEO Charles Cascarilla wrote to employees to…
2024-6-13 22:57 | |
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The US Securities and Exchange Commission (SEC) issued a Wells notice to the BUSD issuer Paxos earlier this month. Since the Binance CEO, Changpeng Zhao (CZ), broke the news, the second and third-largest stablecoins have witnessed diverse movements. According to…
2023-2-27 14:29 | |
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Circle chief Jeremy Allaire has reacted to the recent spree of enforcement actions by the US Securities and Exchange Commission (SEX) and other agencies in the crypto industry. In an interview with Bloomberg, the Circle boss shared his views regarding SEC’s recent moves on BUSD stablecoin issuer Paxos.
2023-2-25 18:00 | |
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Генеральный директор Circle Джереми Эллайр считает, что стейблкоины должны находиться под надзором банковского регулятора, а не Комиссии по ценным бумагам и биржам США (SEC). В интервью изданию Bloomberg Джереми Эллайр (Jeremy Allaire) поделился мнением о недавних действиях SEC в отношении Paxos, эмитента стейблкоина BUSD.
2023-2-25 17:08 | |
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Paxos has also halted the minting of new BUSD tokens as ordered. Existing BUSD will however remain fully-backed and redeemable via Paxos until at least February 2024 Binance CEO says exchange will continue to support BUSD Paxos, the blockchain and tokenization platform that also issues the stablecoin Binance USD (BUSD), has announced it is terminating […] The post Paxos terminates relationship with Binance as it halts BUSD issuance appeared first on CoinJournal.
2023-2-13 15:35 | |
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When it was first envisioned over a decade back, Bitcoin was supposed to be a decentralized alternative to fiat currencies to transform existing financial systems. Much of that has changed along the wThe post Here's why Paxos CEO thinks stablecoins will overtake Bitcoin as payment channel appeared first on AMBCrypto.
2022-1-21 01:30 | |
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The recent sell-offs across the cryptocurrency market have led to around $1 trillion being liquidated from the market since November. The crypto market cap currently sits at slightly below $2 trillion.
2022-1-21 14:05 | |
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Today, six executives from different crypto companies went to Washington to testify before the House Committee on Financial Services. These include Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Chad Cascarilla, Stellar Development Foundation CEO Denelle Dixon, and Alesia Haas, the CFO of Coinbase Global Inc.
2021-12-10 00:51 | |
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Six cryptocurrency executives are set to testify before the House Committee on Financial Services today and share their opinions on the rapidly expanding crypto market. These include Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Chad Cascarilla, Stellar Development Foundation CEO Denelle Dixon, and Alesia Haas, the CFO of […] The post Ari Juels says legislators will focus on crypto risks as CEOs testify in today’s hearing appeared first on Invezz.
2021-12-10 18:18 | |
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Members of the crypto industry is sitting at the edge of their seats as the hearing on crypto regulation in front of the House Financial Services Committee is approaching. Paxos’ co-founder and CEO, Chad Cascarilla, spoke on the matter in a recent interview, offering his expectations on what might happen, and what might be next.
2021-12-5 13:43 | |
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Charles Cascarilla, the co-founder and CEO of stablecoin issuer Paxos, believes the Biden administration’s move to regulate stablecoins is a good step in the right direction. He shared his sentiments during a November 3 interview, noting that he expects more dialogue on the matter.
2021-11-5 16:37 | |
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In order to go beyond the crypto ecosystem, stablecoins need solid regulations, Paxos CEO Charles Cascarilla said.
2021-6-24 12:23 | |
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Back in late 2020, when it announced that it will add crypto to its platform, PayPal made massive waves in the entire crypto industry. In fact, this might be one of the reasons why the crypto prices received such a strong head start at the beginning of the bull run that took them to where […] The post The CEO of Paxos shares his views on crypto and PayPal’s next-gen wallet appeared first on Invezz.
2021-5-9 09:57 | |
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Paxos, a blockchain startup with PayPal Holdings as a client, announced the recent conclusion of a Series D fundraising round. According to company CEO Charles Cascarilla, the funding session led by growth equity investment firm Oak HC/FT saw $300 million infused into the New York-based firm.
2021-4-30 21:01 | |
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Paxos has raised $142 million to facilitate mainstream adoption. “We think that opportunity is now,” said CEO Charles Cascarilla.
2020-12-17 14:00 | |
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Paxos CEO Charles Cascarilla sees a bright future for tokenized assets — possibly through PayPal
2020-11-10 20:34 | |
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Bitcoin is navigating a very difficult market these days. Over the past 31 days, Bitcoin’s valuation has fallen by a massive 26.09 percent, depreciating from $10,048 to $7,427. 2019’s early bullish sentiments have been driven away, with Deribit exchange going as far as placing only a 4 percent probability on Bitcoin breaking its ATH post […] The post Bitcoin gives massive utility to users, despite volatility: Paxos Global CEO appeared first on AMBCrypto.
2019-10-25 15:00 | |
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Coinspeaker Binance Will List Its Binance USD (BUSD) Stablecoin Next WeekBinance announced the listing of its USD-backed stablecoin BUSD. According to the announcement by Binance CFO Wei Zhou and Richmond Teo, Co-Founder and CEO Asia of Paxos Trust Company, BUSD will become available to public next week.
2019-9-12 14:19 | |
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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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The largest crypto exchange in the world, Binance, has recently reunited with Paxos to create a new stablecoin pegged to the dollar (USD). Now, the New York State Department of Finances Services (NYDFS).
2019-9-6 20:40 | |
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Paxos запустила привязанный к золоту криптовалютный актив на базе блокчейна Ethereum Pax Gold (PAXG) и получила соответствующее разрешение Управления по финансовым услугам Нью-Йорка (NYDFS). Также компания заключила партнерское соглашение с биржей Binance для выпуска Binance USD (BUSD) – стейблкоина с привязкой к доллару США.
2019-9-6 18:38 | |
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Крупнейший провайдер криптовалютных кошельков Blockchain с понедельника позволит пользователям осуществлять свопы между цифровыми активами и стейблкоином Paxos Standard (PAX) непосредственно в мобильном приложении.
2019-5-31 14:06 | |
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The process of launching a gold-backed token requires further regulatory compliance but Paxos CEO has plans for more.
2019-3-13 12:43 | |
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Bitcoin has long been nicknamed “digital gold,” referencing its value as an asset. However, the use of precious metals is something that Paxos has taken to heart as something it can offer. Having already launched a stablecoin several months ago, which is tied to cash reserves, CEO Chad Cascarilla confirmed to Fortune that a digital […]
2019-3-12 18:05 | |
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The payment system is a hot topic among several tech giants, such as WeChat, Paxos, Facebook, and Andrew Yang. Just last week, Facebook’s CEO introduced its new strategy concerning messaging and privacy.
2019-3-12 17:30 | |
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Paxos CEO, Chad Cascarilla has said that the company’s gold-backed coin will be launched in 2019
2019-3-12 03:45 | |
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Blockchain payment platform BitPay has announced that 2018 has been their most profitable year, having “processed over a $1 Billion again in payments and set a new record for transaction fee revenue.
2019-1-18 22:47 | |
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Cryptocurrency exchanges Bitfinex and Ethfinex now support trading for all six of the market’s major stablecoins. Adding to its support for MakerDao’s Dai and Tether’s USDT, the sister platforms recently listed USD Coin (USDC), TrueUSD (TUSD), Paxos Standard Token (PAX) and Gemini USD (GUSD).
2018-12-4 21:02 | |
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Криптовалютный стартап Paxos сообщил, что стейблкоин Paxos Standard (PAX) теперь является вариантом расчета для торговых партнеров BitPay. Участники партнерства считают, что PAX может расширить возможности клиентов BitPay.
2018-11-21 13:16 | |
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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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Глава крупнейшей криптовалютной биржи Binance Чанпен Чжао уверен, что листинг стейблкоина Paxos Standard (PAX) станет эффективной альтернативой Tether (USDT). CEO Binance призвал ознакомиться с особенностями коина PAX перед принятием решения о приобретении, добавив, что монета придется по душе всем, кто «недоволен недостаточным аудитом USDT».
2018-9-28 14:44 | |
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Глава крупнейшей криптовалютной биржи Binance Чанпен Чжао уверен, что листинг стейблкоина Paxos Standard (PAX) станет эффективной альтернативой Tether (USDT). CEO Binance призвал ознакомиться с особенностями коина PAX перед принятием решения о приобретении, добавив, что монета придется по душе всем, кто «недоволен недостаточным аудитом USDT».
2018-9-28 10:55 | |
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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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BTC has declined by 1.18% over the past 24 hours. Bitcoin's retail investors' deposits on Binance surged to 6k BTC, surpassing whale inflows. Since reaching a new ATH of $109k, nearly two weThe post Analyzing Bitcoin's retail vs whale dynamics and their effect on the price appeared first on AMBCrypto.
Bitcoin's social sentiment metrics show declining commentary around price targets despite stability at $104,250. Price maintains support above key Moving Averages at $99,326 and $77,536 despiteThe post Bitcoin: What social sentiment says about BTC's next move appeared first on AMBCrypto.
BTC remained in a tight price range ahead of U.S. inflation data. Tether will begin minting USDT on Bitcoin and Lightning Network, while Kraken has re-launched U.S. staking services. BitThe post Here’s what happened in crypto today - BTC, inflation data, SEC and more appeared first on AMBCrypto.
USDT’s monthly market cap turned positive after contracting by -2% while USDC surged by 20% Growing liquidity impulse usually sparks a rally Stablecoin market cap growth, alongside BitcoinThe post Here's how stablecoins, ETFs can fuel another Bitcoin rally appeared first on AMBCrypto.
Bitcoin’s price growth may slow down, but key indicators seemed to point to future market expansion Institutional interest and reduced sell-side pressure can underline potential for sustainedThe post Bitcoin mirrors 2015-2018 cycle - Is another bull run coming soon? appeared first on AMBCrypto.
Trump's crypto executive order may disrupt the traditional four-year market cycle Bitcoin's price could surpass $200,000 in 2025, driven by ETFs and institutional adoption Bitwise's Chief InThe post Trump’s crypto order could 'break Bitcoin’s 4-year cycle' - Bitwise predicts trillions in new capital appeared first on AMBCrypto.
Bitcoin Combined Books at 1-5% spot order-book depth showed shallow order-books. Retail investors began to take excessive risks in derivative market on slight recovery. AMBCrypto's analysis The post Bitcoin retail investors taking excessive risk - Why they could be right? appeared first on AMBCrypto.