Paxos to pay $26.5M penalty to NY State for deficient due diligence of Binance, AML failures
Paxos will pay a $26.5 million penalty to New York State for failure to conduct sufficient due diligence of its former partner, Binance.
Paxos will pay a $26.5 million penalty to New York State for failure to conduct sufficient due diligence of its former partner, Binance.
Visa plans to support more stablecoins, more chains and more use cases within its settlement platform.
Fiserv plans to launch a new stablecoin (FIUSD) that will be added to Fiserv’s existing banking and payments infrastructure by the end of the year.
PayPal today announced plans to make the PayPal USD (PYUSD) stablecoin available on the Stellar network pending regulatory approval.
Paxos has partnered with Standard Chartered to enhance Global Dollar (USDG) and Lift Dollar (USDL) reserve management.
Paxos has agreed to acquire Membrane Finance, an Electronic Money Institution (EMI) based and licensed in Finland.
Blockchain and tokenization infrastructure platform Paxos today introduced its new stablecoin payments platform.
The approval enables Paxos to issue stablecoins in line with MAS’ upcoming stablecoin framework.
Paxos has added J. Christopher Giancarlo, former Chairman of the United States CFTC, to its board of directors.
Paxos today announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform.