Search Results for "pax"
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 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 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 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 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 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 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 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.
Is Bitcoin in India about to Boom? Paxful Survey Projection
Paxful, the peer-to-peer bitcoin marketplace, has released a survey that indicates India’s enthusiasm for Bitcoin has been reignited following the landmark decision to lift the ban on crypto trading.
Binance sees surge in withdrawals amid spooked investors
Investors have pulled billions from Binance in the past day due to US Securities and Exchange Commission and New York Department of Financial Services action against BUSD and Paxos.
Exclusive: Arbitrage - the Key Business Opportunity Brought by Blockchain
Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin!
OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments
The OFAC may begin sanctioning US nationals and institutions that help facilitate payments in a ransomware attack.