Paxos

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)
Paxos Cuts 20% of Staff: Reports
A Bloomberg report says the company will have an increased focus on tokenization.
Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

A U.S. dollar coin balances on top of rocks
Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race
Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.
A U.S. dollar coin balances on top of rocks

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)
Paxos Unveils Yield-Generating Stablecoin Lift Dollar
USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

J. Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission, is joining the Paxos board. (Shutterstock/CoinDesk)
'CryptoDad' Giancarlo Joins Paxos Board
J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.
J. Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission, is joining the Paxos board. (Shutterstock/CoinDesk)

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.

Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)
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.
Paxos CEO Charles Cascarilla at Invest 2018 (CoinDesk)

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)