featured, Paxos, Stripe
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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.
Upon receiving full approval, Paxos will continue to expand the global footprint of their regulated USD-backed stablecoins.
Binance, BUSD, Paxos
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As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products.
featured, Interactive Brokers, Paxos
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Clients of Interactive Brokers LLC can now withdraw cryptocurrency assets from their Paxos account to an external wallet.
featured, Paxos, Signature Bank
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Several hours after the DFS said it had taken possession of Signature Bank, Paxos estimated its exposure to the bank at $250 million.
Binance, BUSD, featured, Paxos, SEC
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The SEC is considering an action alleging that BUSD is a security and that Paxos should have registered the BUSD offering.
Binance, DFS, New York DFS, Paxos
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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.
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