Paxos and Mastercard are among the firms betting that legal clarity will lead to a wider range of stablecoin users.

This Greek island is home to stunning beaches and a charming village - and it's less crowded and cheaper than popular tourist ...

U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, ...

The firm behind Binance's stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and Exchange Commission after the regulator told the company it should have registered the ...

Paxos also said it would “end its relationship” with Binance, the world’s largest crypto exchange. It did not give detail on why the regulator had ordered it to stop issuing BUSD.

Stablecoin issuer Paxos proposed paying a steady fee to decentralized finance giant MakerDAO for holding up to $1.5 billion of Pax USD stablecoin among its reserves.. According to a proposal ...

Paxos, the issuer of stablecoins such as PayPal USD (PYUSD) and Pax Dollar (USDP), has confirmed responsibility for the recent incident involving a $500,000 overpayment in Bitcoin fees.

Paxos has been powering some of the largest brokerages in the space, like IBKR. Paxos is also powering the likes of PayPal and Venmo, as well as Mercadolibre. Get two weeks of free access to pro ...

A stablecoin issuer that was once worth $2.4 billion has slashed approximately 20% of its employees, according to The Block.Paxos, the company behind the layoffs, said the decision to cut 65 ...

The New York State Department of Financial Services said it had directed Paxos Trust Co. to stop issuing new tokens of crypto’s third largest stablecoin, a Binance-branded coin known as BUSD ...

USDG is a fully regulated global USD-stablecoin that is compliant with MiCA and now available in the EU, said Paxos, the token’s issuer.

Cryptocurrency firm Paxos said on Tuesday it will apply for a formal clearing agency license from the U.S. Securities regulator following a pilot test in which Credit Suisse (CSGN.S) and Instinet ...