DEEPSEEK
Paxos Expands Custody Services with Acquisition of Fordefi
Paxos has acquired Fordefi to enhance its custody infrastructure, combining expertise in blockchain solutions with Fordefi's MPC wallet technology, aiming to power the on-chain economy.
Paxos CEO Discusses Future of Stablecoins at Federal Reserve Conference
Paxos CEO Charles Cascarilla highlights the transformative role of stablecoins in global payments at the Federal Reserve's Payments Innovation Conference.
Paxos Integrates USDG Payroll with Toku for Seamless Employee Transactions
Paxos collaborates with Toku to enable employees to receive salaries in USDG through existing payroll systems, enhancing the accessibility of stablecoins.
Paxos Announces Wind-Down of USDL Lift Dollar Stablecoin
Paxos plans to wind down its USDL Lift Dollar stablecoin by December 2025, with a focus on new financial initiatives. The process will be overseen by the FSRA of ADGM.
Paxos Resolves Compliance Issues with NYDFS, Pays $26.5M Penalty
Paxos has reached a resolution with the NYDFS regarding historical compliance issues, resulting in a $26.5 million penalty, concluding its prior partnership with Binance.
Paxos Launches Global Dollar (USDG) Stablecoin in the EU
Paxos introduces the Global Dollar (USDG), a compliant stablecoin, to the European Union. The launch aligns with MiCA regulations, enhancing the digital dollar ecosystem across the continent.
Paxos Labs Launches to Enhance On-Chain Financial Accessibility
Paxos Labs, a new startup incubated by Paxos, aims to simplify access to on-chain financial products, focusing on DeFi and tokenization solutions for various platforms.
Paxos Gains Approval from Singapore to Issue Stablecoins, Partners with DBS Bank
Paxos secures approval from Singapore's central bank to offer stablecoins, partnering with DBS Bank for cash management and custody services, enhancing its presence in the digital payment sector.
Paxos Enhances European Presence with Membrane Finance Acquisition
Paxos has completed the acquisition of Membrane Finance, a Finnish Electronic Money Institution, enhancing its regulated platform and expanding its services in Europe.
Paxos and Standard Chartered Enhance Stablecoin Reserve Management
Paxos partners with Standard Chartered to advance stablecoin reserve management, strengthening digital asset infrastructure and regulatory compliance across global markets.