Tag: Paxos
Coinbase, Celsius and Paxos disclose funds in Signature Bank
Crypto exchange Coinbase, crypto lender Celsius and stablecoin issuer Paxos are among the crypto firms with funds reportedly tied up with the now-shut [...]
Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank
Several crypto firms have announced they will scale back or outright terminate their relationship with Silvergate Bank following an announced investig [...]
Paxos is engaged in ‘constructive discussions’ with SEC: Report
Stablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and Exchange Commission followin [...]
Paxos Is Holding a 'Constructive Discussion' With SEC: Reuters
News of the talks comes a week after Paxos said it received a Wells Notice from the regulator.
www.coindesk.com [...]
SEC sues Do Kwon, Paxos ready to litigate, SBF’s VPN: Hodler’s…
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Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
The United States Securities and Exchan [...]
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 mi [...]
Tether USDT Stablecoin Gains $1 Billion as Paxos Burns Over $1.8B of Binance USD Stablecoins
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The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good For Bitcoin
I want to put aside the staking provider conversation to focus on the consequences of policies aimed at Paxos and stablecoins instead. With stablecoin [...]
Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure
The maneuver is a sign of investors exiting BUSD quickly. The $700 million redemption in a little more than a day represents some 6% of the total coin [...]
Stablecoins Are Not New. So Why Are Regulators Attacking Paxos?
Stablecoins Are Not New. So Why Are Regulators Attacking Paxos?
www.coindesk.com [...]
Investors Rush to Tether as Paxos’ BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
The move toward tether might be a surprise because the biggest centralized stablecoin is, perhaps, the most controversial, considering it is unregulat [...]
Stablecoin Lender Liquity’s LQTY Token Surges 45% as New York Regulator Goes After Paxos’ BUSD
The protocol runs a two-token model like MakerDAO. The difference, however, is that Liquity doesn't have a governance system. Therefore, large holders [...]
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Cryptocurrency exchange Binance has seen a surge of withdrawals over the last 24 hours as investors appear to be spooked over recent news of regulator [...]
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
Paxos Trust Company has released a statement noting that it "categorically disagrees" with the United States securities regulator which has painted Bi [...]
Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security, Says It Will Litigate if Needed
Paxos also noted in its press release that the Wells Notice specifically had to with BUSD and not any other part of its business. “This SEC Wells noti [...]