Paxos

Two large stacked blocks displaying Binance's logo at a trade show.
Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15
The exchange announced earlier this year that it would “gradually” end support for the stablecoin.
Two large stacked blocks displaying Binance's logo at a trade show.

Charles-Cascarilla-01.jpg
Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations
The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.
Charles-Cascarilla-01.jpg

PayPal Facing SEC Subpoena Linked to Stablecoin Could Be a 'Power Grab,' Former Paxos Exec Says
PayPal Facing SEC Subpoena Linked to Stablecoin Could Be a 'Power Grab,' Former Paxos Exec Says
PayPal received a subpoena from the SEC recently, requesting documentation about its stablecoin PYUSD. Columbia Business School adjunct professor and former Paxos head of port...
PayPal Facing SEC Subpoena Linked to Stablecoin Could Be a 'Power Grab,' Former Paxos Exec Says

Ex-Celsius Exec Pleads Guilty; Coinbase Earned $1M Amid Hack
Ex-Celsius Exec Pleads Guilty; Coinbase Earned $1M Amid Hack
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including details on a former Celsius Network executive pleading guilty to U.S. criminal...
Ex-Celsius Exec Pleads Guilty; Coinbase Earned $1M Amid Hack

Mining facility  (Sandali Handagama)
Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee
Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.
Mining facility  (Sandali Handagama)

Binance to cease BUSD support Unsplash)
Binance to 'Gradually' End Support for BUSD Products
The move follows Paxos' decision to halt minting of new BUSD.
Binance to cease BUSD support Unsplash)

Paxos logo
Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD
Paxos is the issuer of PYUSD, the dollar-backed stablecoin launched by the payments giant on Monday.
Paxos logo

Paxos Has Other 'White Label Stablecoin Opportunities' in the Works, Head of Strategy Says
Paxos Has Other 'White Label Stablecoin Opportunities' in the Works, Head of Strategy Says
PayPal USD is the first regulated stablecoin from a global payments company. The Ethereum-based token will be available to PayPal users in the U.S. and is being issued by Paxo...
Paxos Has Other 'White Label Stablecoin Opportunities' in the Works, Head of Strategy Says

PayPal's Stablecoin Launch Is a 'Seminal Moment' for the Industry: Paxos Head of Strategy
PayPal's Stablecoin Launch Is a 'Seminal Moment' for the Industry: Paxos Head of Strategy
Global payments giant PayPal is launching its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The Ethereum-based token will be available to PayPal users in the U.S. and...
PayPal's Stablecoin Launch Is a 'Seminal Moment' for the Industry: Paxos Head of Strategy

PayPal is releasing its own stablecoin. (Getty Images)
PayPal’s Regulated Stablecoin Is ‘Watershed Moment’ in Crypto, Says Partner Paxos
That's because the token is being issued by Paxos, a regulated company, which means holders will have more protections, a Paxos exec says.
PayPal is releasing its own stablecoin. (Getty Images)