Tag: Paxos
Unexpected Solana (SOL) Move from Paxos, the Company Behind BUSD
Paxos has received approval from the New York Department of Financial Services (DFS) to expand its services to the Solana blockchain. This, with a planned launch on January 17, 2024…
Leading Stablecoin Issuer Receives US Approval for Solana Support!
The New York regulator has approved stablecoin issuer Paxos’ expansion into Solana (SOL), allowing it to launch its first non-Ethereum stablecoin. According to Fortune, one of the leading stablecoin issuers…
Blockchain Technology Company Paxos Releases its 2023 Digital Asset Survey! Here are the Details!
Paxos The recent release of the 2023 Institutional Digital Asset Adoption Survey offered deep insights into the evolving landscape of digital assets in the global financial sector. Paxos Enterprise Digital…
Crypto Company Paxos is Preparing to Launch a New Stablecoin in This Country!
cryptocurrency a leading player in its field Paxos, Paxos Digital Singapore Pte. Ltd. He founded his company and received in-principle approval from the Monetary Authority of Singapore (MAS) to introduce…
Investors Are Quite Confident In The Future Of Cryptocurrencies According To Paxos Survey
A large-scale survey by stablecoin issuer Paxos revealed that investors continue to trust the market despite major bankruptcies in 2022. Binance USD (BUSD) issuer PaxosThe survey carried out between 5-6…
Paxos Releases Annual Crypto Survey Results: Do Investors Trust The Market?
US-based crypto company that has been mentioned frequently in recent days Paxospublished the result of the survey research it organized with investors as a blog post. Opinion poll conducted with…
Paxos and SEC Binance Stablecoin In Constructive Talks on BUSD
Binance USD issuer Paxos announced that it is holding constructive talks with the US Securities and Exchange Commission (SEC) and that BUSD support will continue until at least 2024. Paxos…
The Amount of BUSD Burned by Paxos After SEC’s Move Revealed!
According to on-chain data cryptocurrency company Paxos, the SEC’s regulator Binance USD (BUSD) It burned $684 million in BUSD from cash-outs, a day after it firmly denied allegations that it…
Paxos Disagrees With SEC That BUSD Is a Securities
Binance USD (BUSD) issuer Paxos has announced that it “categorically” disagrees with the US Securities and Exchange Commission’s (SEC) definition of securities. In a press release by Paxos on Monday,…
Hot Development: New Statement From BUSD Issuer Paxos, Will A Lawsuit Be Filed? Here are the details
paxos, BUSD He said he absolutely disagrees with the SEC on the stablecoin. Cryptocurrency company Paxos acknowledged on Monday that it received a Wells notice from the SEC regarding its…
New York Regulator Explained: Why Paxos Was Given a Stop Order for BUSD?
According to a press release by a spokesperson for the New York Department of Financial Services (NYDFS), Paxos Trust Company did not do what was necessary to prevent the abuse…
Official Statement from Paxos: Ends BUSD Issuance
Despite the regulators’ decision to stop the production of BUSD, the stablecoin’s issuer Paxos made detailed statements, while BUSD lost some stability. Paxos announced on its official blog site on…
New Development in BUSD and Paxos Incident That Dropped Bitcoin!
Paxos made a statement after the New York Department of Financial Services (NYDFS) orders for BUSD. According to the statement from BUSD issuer Paxos, the company will terminate its relationship…
Paxos Instruction From New York Regulator To Stop BUSD Issuance
The New York Department of Financial Services (NYDFS) has requested stablecoin issuer Paxos to cease issuance of Binance USD (BUSD). The Wall Street Journal (WSJ) reported on February 13 that…
CZ Responded to Claim of “SEC Sues Paxos for Listing BUSD”!
According to the Wall Street Journal, the U.S. Securities and Exchange Commission (SEC), Binance USD (BUSD) for listing the coin to Paxos plans to sue and claims it is an…
Paxos in Trouble with SEC Over Binance: Facing Litigation
The US Securities and Exchange Commission (SEC) sent a Wells notice to stablecoin issuer Paxos arguing that Binance USD (BUSD) may have violated securities laws. According to The Wall Street…
Paxos Is Now Under Investigation By New York Regulator After FED Threat
It was stated that Paxos, one of the largest stablecoin issuers in the crypto money market, is being investigated by the New York Department of Financial Services (NYDFS). According to…
Hot Development: BUSD Dealer Paxos Under Review In New York
According to information obtained by CoinDesk, the New York Department of Financial Services (NYDFS) stablecoin issuer cryptocurrency company Paxos is investigating. Paxos Subject to Investigation Is the Issuer of USDP…
Is the Fed Threatening Cryptocurrency Companies? Response to Allegations from Paxos
Blockchain infrastructure provider Paxos has filed a banking license application It denied allegations that it was under operation by the US Federal Reserve (FED) and the Office of the Currency…
Paxos Recovers Tokens Stolen From FTX Exchange
A trust issuer that tokenizes and launches many assets not only limited to dollars but also traded in traditional financial markets. Paxosreclaimed a large portion of the gold-linked cryptocurrency (PAXG)…