Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said. Paxos, the blockchain firm behind the Pax Dollar stablecoin, is working to ...

Blockchain infrastructure platform Paxos has agreed to buy Membrane Finance, the Finnish Electronic Money Institution. Upon regulatory approval, the acquisition will give Paxos entry into the European ...

Paxos joins Circle, Ripple in applying for trust bank licenses Company issues PayPal's stablecoin PYUSD Paxos previously applied for trust bank charter in 2020 Aug 11 (Reuters) - Paxos Trust Company, ...

A group of heavy hitters in the cryptocurrency space are backing a new, regulation-focused stablecoin, the Global Dollar (USDG), which aims to return yield earned on its reserve assets to participants ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Paxos, a blockchain infrastructure and tokenization ...

Paxos, a stablecoin issuer that counts PayPal among its clients, settled with the New York Department of Financial services on Thursday over its alleged failure to conduct due diligence on Binance.

NEW YORK (Reuters) -Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police illegal activity related to cryptocurrency exchange Binance ...