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Paxful Unfreezes Majority of Accounts

Paxful Unfreezes Majority of Accounts

Paxful, a peer-to-peer cryptocurrency marketplace, has unfrozen 88% of previously frozen user accounts after suspending operations. The remaining $4.4 million in frozen funds is in the hands of US financial regulators.

Mastercard Enhances Crypto Wallet and Exchange Business

Mastercard Enhances Crypto Wallet and Exchange Business

Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.

Paxful to Boost Financial Inclusion with Its First Crypto Debit Card

Paxful to Boost Financial Inclusion with Its First Crypto Debit Card

Bitcoin trading platform Paxful announced that it will be adding a crypto debit card to its financial services.

Consumers See Crypto as Investment Tools, Study says

Consumers See Crypto as Investment Tools, Study says

Consumers in the United States view cryptocurrencies as ideal investment vehicles, according to a new study by Paxos.

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.

Binance, Circle, and Paxos Receive Regulatory Scrut

Binance, Circle, and Paxos Receive Regulatory Scrut

Stablecoin issuer Circle supplied the NYDFS blockchain evidence claiming Binance's reserves were inadequate to sustain its currency.

BUSD, Paxos, and the Recent Scrutiny of Paxos

BUSD, Paxos, and the Recent Scrutiny of Paxos

Matrixport's director of research believed Paxos' BUSD supervision was too lax, prompting regulatory attention. Stablecoins are not the goal.

New York Regulatory Authority Approves 8 Cryptocurrencies for Listing and Trading

New York Regulatory Authority Approves 8 Cryptocurrencies for Listing and Trading

The New York State Department of Financial Services (NYDFS) approved 8 cryptocurrencies for trading, and 10 for custody by licensed entities.

Paxos Gets Nod to Operate Digital Payments Token Services in Singapore

Paxos Gets Nod to Operate Digital Payments Token Services in Singapore

It is a positive sign for Paxos as it means that the blockchain company is a compliant business and MAS is supportive to it.

Exclusive: Bitcoin - The Killer App in Africa and Latin America?

Exclusive: Bitcoin - The Killer App in Africa and Latin America?

We are glad to have an in-depth interview with Ray, CEO of Paxful on Paxful’s strategies into Africa and Latin America. He also explained the biggest challenge in driving Bitcoin adoption: how to deal with scammers!

Binance Loans Adds AXS, PENDLE, PAXG, RNDR, and USDC to Flexible Rate Options

Binance Loans Adds AXS, PENDLE, PAXG, RNDR, and USDC to Flexible Rate Options

Binance adds Axie Infinity, PAX Gold, Pendle, Render, and USD Coin to its Flexible Rate Loans offerings, enhancing its financial services suite.

Understanding the Profound Impact of Stablecoins on Traditional Finance

Understanding the Profound Impact of Stablecoins on Traditional Finance

Stablecoin is a compromise on absolute money issuance power and the adoption of disruptive blockchain technology. Stablecoin will have a profound impact on the infrastructure of future financial systems.

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