News

By Hannah Lang (Reuters) -Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to ...
Paxos has applied to convert its New York Department of Financial Services bank charter into a national trust charter under ...
Paxos has joined the list of firms seeking a national trust charter, with the stablecoin issuer following Circle and Ripple ...
The stablecoin issuer seeks to convert its New York Department of Financial Services license to federal oversight ...
Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, has applied to become a national trust bank in the ...
Paxos, the blockchain infrastructure firm, has recently announced its strategic decision not to pursue a de novo bank license ...
Paxos seeks national bank charter to expand operations nationwide as regulatory clarity emerges with the GENIUS Act, ...
New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic ...
Last week, New York State Department of Financial Services (NYDFS) left no doubt that it will continue to actively regulate cryptocurrency despite ...
Some of the charges stem from the stablecoin issuer’s relationship with Binance. The agreement includes a $22 million ...
Paxos Trust Company has agreed to pay $26.5 million in penalties to the New York State Department of Financial Services (NYDFS) after regulators found ...
Stablecoin issuer Paxos Trust will pay a $26.5 million penalty to New York State to resolve charges related to its previous ...