Blockchain infrastructure provider Paxos has published a report aimed at helping the cryptocurrency community navigate the current market conditions during the crypto winter. The Paxos Crypto Winter Report 2023 identifies…
On March 12, New York regulators and the United States Federal Deposit Insurance Corporation shut down Signature Bank, a crypto-friendly bank that had reportedly become a systemic risk to the…
According to recent reports, the stablecoin issuer Paxos was reportedly engaging in conversations with the United States Securities and Exchange Commission (SEC) on the Binance USD (BUSD) stablecoin after getting…
As a direct result of the recent announcement that Paxos and its stablecoin Binance USD might be subject to regulatory action, the cryptocurrency exchange Binance has experienced a significant increase…
Financial services using cryptocurrencies The head of research at Matrixport is of the opinion that the current investigation of Paxos and its Binance USD (BUSD) token is not an assault…
It has been claimed that the New York State Department of Financial Services, often known as the NYDFS, received a complaint about Binance's reserves from the stablecoin issuer Circle prior…
Paxos Trust Company has issued a statement in which it "categorically disagrees" with the United States Securities and Exchange Commission's characterization of Binance USD (BUSD) as a security. In a…
Sao Paolo-based digital banking giant, Nubank has veered into the cryptocurrency trading ecosystem with initial support for Bitcoin (BTC) and Ethereum (ETH)- the two largest cryptocurrencies by market capitalisation. Long…
Paxos, a New York-based financial institution and technology company, specializing in blockchain, announced on Thursday that it obtained approval from the Monetary Authority of Singapore (MAS), the Central Bank of…
Days are gone when cryptocurrencies were deemed a get-rich-quick scheme, as consumers in the United States are changing their minds, treating crypto as ideal investment vehicles, according to a new…