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CryptoCurrency

Crypto.com Partners with PayPal and Paxos: Preferred for PYUSD Trading

  • Anticipated trading features aim to enhance the overall user experience.
  • Traditional finance and cryptocurrency convergence marks a pivotal shift.
by Tareq Sikder
News

Crypto in Canada: Paxos to Exit; Chainalysis Ties Up with Calgary Police

  • Canadian regulators have mandated the registration of crypto businesses.
  • Paxos will close all activities on June 2.
by Arnab Shome
CryptoCurrency

Signature Bank Collapse: Coinbase, Paxos Disclose Massive Exposure

  • Coinbase has $240 million exposure to Signature Bank.
  • Its the third US bank to collapse in four days.
by Arnab Shome
CryptoCurrency

Paxos Stops BUSD Mint after SEC Action, Binance's CZ Calms "Funds Are Safe"

  • SEC's decision might change the broad picture of the crypto industry.
  • If recognized as securities, BUSD will have to be withdrawn from the Binance offering.
by Damian Chmiel
CryptoCurrency

Stablecoin Issuer Paxos Faces NYDFS Probe

  • Neither the regulator nor the company confirmed the probe.
  • Paxos partnered with Binance to issue BUSD, the third-largest stablecoin in market cap.
by Arnab Shome
CryptoCurrency

Paxos Becomes “Major Payments Institution” in Singapore

  • It has had a presence in the city-state for ten years.
  • In March 2022, the company received in-principal approval from MAS.
by Damian Chmiel
CryptoCurrency

Broker OANDA Rebrands, Launches Crypto Trading Service in US Market

  • The crypto trading function was launched in partnership with Paxos.
  • Customers to trade crypto alongside forex portfolios from the OANDA mobile app.
by Solomon Oladipupo
Brokers

OANDA Joins Forces with Paxos to Develop Crypto Trading Ecosystem

  • The partnership will allow the US-based clients of OANDA to gain exposure to crypto assets.
  • Paxos is a regulated blockchain infrastructure platform.
by Bilal Jafar
Executives

Facebook’s Carolina Ceballos Is Paxos’ First Dedicated Chief Compliance Officer

  • Ceballos brings over 15 years of career experience to the role.
  • She is the former Deputy Chief Compliance Officer at Facebook Payments.
by Solomon Oladipupo
News

Brazil’s Nubank Launches Crypto Services with Paxos Partnership

  • The digital bank is initially offering services with Bitcoin and Ethereum.
  • It has plans to further expand the list of offered digital assets.
by Arnab Shome
News

Paxos Gains In-Principal Approval from Singapore Regulator

  • It has had a presence in the city-state since 2012.
  • The company is now holding a license in both New York and Singapore.
by Arnab Shome
News

Interactive Brokers Launches Crypto Trading for US Financial Advisors

  • Cryptocurrency trading services were launched in September via Paxos, a blockchain infrastructure platform.
by Felipe Erazo
Institutional FX

ABN AMRO Clearing Chicago Joins the Paxos Settlement Service

  • Other clients of the Paxos Settlement Service include Bank of America, Credit Suisse, Instinet, Societe Generale and Wedbush.
by Felipe Erazo
News

Coinbase and Bank of America Join Series D Funding Round of Paxos

  • The company has added several other strategic investors including FTX.
by Bilal Jafar
News

US Broker Wedbush Joins Paxos’ Equities Settlement Network

  • It has become the first participant to opt for blockchain-based settlement.
by Arnab Shome
News

Crypto Startup Paxos Granted SOC 2 Type II Certification

  • The certification covers Paxos’ custody, exchange and stablecoin product platforms.
by Aziz Abdel-Qader
News

Paxos Scores $142 Million from Declaration Partners, PayPal

  • The valuation of the crypto company is still unknown.
by Arnab Shome
News

Paxos and BitPay Want to Become US National Banks

  • If approved, these crypto companies can bypass the uneven state laws.
by Arnab Shome
Regulation

NYDFS Creates Crypto Greenlist, Includes Paxos Issued Tokens

  • Tokens on the greenlist have been pre-approved by the regulator for licensees to list and trade.
by Celeste Skinner
CryptoCurrency

Paxos Presents Paxos Crypto Brokerage Service, Revolut as First Customer

  • The new product offering enables firms to integrate cryptocurrency buying, selling, holding and more.
by Finance Magnates Staff
Trading

Paxos Goes Live with Settling Stock Trades on Blockchain Platform

  • The SEC for the first time has green-lighted settling US equities outside the legacy infrastructure.
by Aziz Abdel-Qader
News

Paxos to Bring Blockchain Settlement for US-Listed Securities

  • It will serve as an alternative to the legacy infrastructure of the NSCC.
by Arnab Shome
Coins

Paxos Expands Ecosystem of its Gold-Backed Crypto Token

  • PAX Gold is now available for trading on HitBTC and Bithumb exchanges and holders can earn interest through lending platforms.
by Aziz Abdel-Qader
News

Binance Ties with Paxos to Launch a USD-Pegged Stablecoin

  • The coin will hit the market next month.
by Arnab Shome
News

Binance Integrates Paxos’ Gateway to Ease Stablecoin Deposits

  • The exchange is already using PAX as one of its base currency.
by Arnab Shome
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