Paxos applies for national trust charter with OCC
Paxos has filed an application to convert its New York Department of Financial Services (NYDFS) trust charter into a national trust charter.
Paxos has filed an application to convert its New York Department of Financial Services (NYDFS) trust charter into a national trust charter.
DFS has ordered Paxos to cease minting Paxos-issued BUSD as a result of unresolved issues related to Paxos’ oversight of its relationship with Binance.
New York DFS has released Guidance to banking organizations that wish to engage in virtual currency-related activities.
The New York State Department of Financial Services has granted a charter under New York Banking Law to BitGo.
With DFS approval, GMO is authorized to issue, administer, and redeem Japanese Yen and U.S. Dollar-pegged stablecoins in New York.