Tag: Paxos
Paxos CEO urges US lawmakers to set cross-border stablecoin regulation
US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digita [...]
Paxos CEO urges US lawmakers to set cross-border stablecoin regulation
US lawmakers are set for a heated debate on stablecoin regulation, with key industry leaders expected to outline their vision for the future of digita [...]
Stablecoin Issuer Paxos to Acquire Finnish Company Membrane Finance to Access European Union
"Upon completion of the acquisition, Paxos will be a fully licensed EMI in Finland and the EU," the company said Tuesday. "Paxos intends to make its p [...]
New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Di [...]
Stablecoin Issuer Paxos Is Awarded Full Approval in Singapore, DBS to Provide Banking Services, Custody
In a Monday statement, the issuer, whose products include PayPal USD (PYUSD) as well as its own Pax Dollar (USDP), also said DBS, the state's biggest [...]
Paxos Cuts 20% of Staff: Bloomberg
In an all-hands email obtained by Bloomberg, its CEO Charles Cascarilla said that the layoffs “allows us to best execute on the massive opportunity ah [...]
Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race
"I think that in a few years from now you're going to see corporate treasurers keeping liquidity in a money-market fund, and the moment that they need [...]
Crypto Trading Firm Paxos Unveils Yield-Bearing Stablecoin USDL
“We’ve added programmatic daily yield so this looks a little bit more like a savings product than a checking account product, which is maybe the way t [...]
‘CryptoDad’ Giancarlo Joins Paxos Board
"He has been at the forefront of advocating for blockchain to improve the infrastructure of our financial system," Charles Cascarilla, CEO and co-foun [...]
Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
The exchange’s new CEO, Richard Teng, who succeeded founder Changpeng “CZ” Zhao earlier this month as part of a $4.3 billion settlement with the U.S., [...]
Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
Crypto firm Paxos has secured in-principle approval from Abu Dhabi’s regulator on two fronts: to issue stablecoins and conduct digital asset services. [...]
Paxos to issue USD stablecoin in Singapore, wins initial approval
Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. do [...]
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The in-principle approval for a new Paxos Digital Singapore Pte. Ltd. entity from the Monetary Authority of Singapore allows the firm to offer its ser [...]
Paxos’ $500K Bitcoin fee, FTX tokens sales set to begin, and more
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Paxos confirms it’s responsible for paying a $500K Bitcoin transaction fee
The Bitcoin miner who received 19 [...]
Paxos ‘Fat Finger’ Overpayment Is Returned by Bitcoin Miner F2Pool
"Bitcoin is an adversarial network, but on the flip side it's also a cooperative network," Lopp wrote on X. "Miners are humans too, and they realize t [...]