Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin
The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.
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Jan 19, 2023 at 11:23 p.m. UTC
Jan 19, 2023
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Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance
Justin Sun deposits $100 million into Binance as outflow hits $1.8 billion, while BNB drops 8% and value departs BSC-based DeFi protocols
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Dec 13, 2022 at 8:32 a.m. UTC
Dec 13, 2022
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Paxos Ordered by US Officials to Freeze $19M in Crypto Tied to FTX
Federal law enforcement asked the crypto issuer to freeze assets associated with four ether addresses as investigations into FTX collapse intensify.
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Nov 14, 2022 at 3:20 p.m. UTC
Nov 14, 2022
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Stablecoin Issuer Paxos Plans to Hire at Least 130 in Singapore: Report
Co-founder Rich Teo told Bloomberg the firm is planning a three-year expansion built around Singapore as its hub for growth outside the U.S
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Nov 7, 2022 at 9:57 a.m. UTC
Nov 7, 2022
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Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products
Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.
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Nov 2, 2022 at 2:00 a.m. UTC
Nov 2, 2022
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Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
Paxos is the latest company to secure a license in Singapore, allowing it to offer blockchain or crypto services to local businesses.
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Nov 2, 2022 at 12:00 a.m. UTC
Nov 2, 2022
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Mastercard Joins With Paxos to Help Banks Offer Crypto Trading
The payments giant will verify transactions and help banks follow compliance rules
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Oct 17, 2022 at 11:23 a.m. UTC
Oct 17, 2022
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Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos
Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study.
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Sep 13, 2022 at 1:00 p.m. UTC
Sep 13, 2022
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PayPal Ups Crypto Push: Users Can Now Move Coins to Other Wallets and Exchanges
PayPal crypto chief Jose Fernandez da Ponte said plans to let users move their crypto holdings to third-party wallets have been in the works since 2021.
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Jun 7, 2022 at 3:26 p.m. UTC
Jun 7, 2022
Paxos Adds Financial Adviser Crypto Trading to Brokerage Platform
While just 15% of financial advisers are allocating crypto in customer accounts, 94% have received crypto-related questions from clients, said Paxos, citing recent survey data.
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Jun 7, 2022 at 1:00 p.m. UTC
Jun 7, 2022