Paxos has announced plans to acquire Membrane Finance, a Finnish Electronic Money Institution (EMI). This acquisition, pending regulatory approval, will make Paxos a fully licensed EMI...
Robinhood, along with Kraken and Paxos, has unveiled a Global Dollar network focused on stablecoins. Crypto and traditional finance giants have collaborated to establish the Global...
In an open letter addressed to Vice President Kamala Harris and former President Donald Trump both of whom are now running for presidency, Charles Cascarilla, CEO...
Paxos has launched a new platform called the Stablecoin Payments Platform, with Stripe as its first customer. This platform simplifies the process for businesses to accept...
Paxos has received regulatory approval from the New York Department of Financial Services (DFS) to expand its stablecoin issuance to the Solana blockchain. This marks a...
Paxos has received initial approval from the Monetary Authority of Singapore (MAS) for its new venture, Paxos Digital Singapore Pte. Ltd. This milestone signifies Paxos’ inaugural...
Paxos has received a refund of its inflated Bitcoin transaction fee of $510,000. Paxos initiated a Bitcoin transaction that resulted in a fee that is nearly...
Paxos, PayPal’s PYUSD issuer, released its first transparency report for the stablecoin. Documentation states that assets “meet or exceed the token balance.” Total tokens amount to...
Huobi exchange announced support for the Paxos newly launched stablecoin PYUSD. The exchange announced that it will be the first to support the launch of the...
Crypto-friendly bank, Signature Bank recently closed its doors after regulators claimed the continued operation of the bank could impact the stability of the financial system negatively....
In the wake of the recent actions by the SEC against Paxos, the issuer of BUSD, CZ, CEO of Binance revealed during an AMA that the...
Paxos has recovered back its tokens stolen by hackers from the collapsed FTX exchange. Reports about the recovery revealed that 11,184 Paxos Gold (PAXG) tokens, worth...
With reference to the public document that was published on the 8th day of December, 2020, Paxos, a crypto firm that issues stablecoins has registered to...
This week ushered in rumours of a groundbreaking partnership between the digital payment joggernaut, Paypal, and Stablecoin operator, Paxos. It is projected that Paypal will see...
Cryptocurrency Exchange Binance is set to launch a US Dollar pegged stablecoin – BUSD in partnership with regulated financial institutions Paxos Trust Company. The Stablecoin –...
