Mastercard to Test USDC for Payments as Stablecoin Scrutiny Intensifies
Mastercard will use the USDC stablecoin as a bridge asset for cardholders who want to pay for goods using cryptocurrencies.
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Jul 20, 2021 at 11:00 a.m. UTC
Jul 20, 2021
Paxos
Paxos Adds Wedbush Securities in Quest for Same-Day Stock Settlement
Credit Suisse, Instinet and Societe Generale are also part of the program, which is meant to shrink stock settlement times to hours, not days.
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Jun 17, 2021 at 1:04 p.m. UTC
Jun 17, 2021
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Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats
The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.
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Jun 10, 2021 at 8:27 p.m. UTC
Jun 10, 2021
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Sen. Sherrod Brown Urging the OCC to Reassess Crypto Trust Charters
Ohio Senator Sherrod Brown wrote a letter to Acting Comptroller of the Currency Michael Hsu, urging the OCC to reassess the trust charters granted to three crypto companies: P...
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May 20, 2021 at 2:31 p.m. UTC
May 20, 2021
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Senate Banking Chairman 'Concerned' by OCC's Crypto Charters
Sherrod Brown specifically pointed to the OCC trust charters granted to Paxos, Protego and Anchorage.
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May 19, 2021 at 9:51 p.m. UTC
May 19, 2021
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Market Wrap: Ether Climbs, Pushing Past 'Musk Dip' as Crypto Volatility Increases
Investors are buying and no longer panicking.
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May 18, 2021 at 8:47 p.m. UTC
May 18, 2021
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Bank of America Joins Paxos Network Eyeing Same-Day Stock Trade Settlement
The Paxos Settlement Service uses blockchain technology to speed up the process of completing transactions.
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May 17, 2021 at 3:58 p.m. UTC
May 17, 2021
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Paxos Joins Crypto Unicorn Club After Latest $300M Funding Raise
After a massive funding round, Paxos has joined the crypto unicorn club that generated $300 million, valuing the company at $2.4 billion. “The Hash” panel discusses what Paxos...
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Apr 29, 2021 at 6:41 p.m. UTC
Apr 29, 2021
Paxos Raises $300M, Joins Crypto Unicorn Club at $2.4B Valuation
The back-end provider for PayPal and Venmo is raising “confidence capital” to expand operations, said CEO Charles Cascarilla.
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Apr 29, 2021 at 10:00 a.m. UTC
Apr 29, 2021
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Paxos Becomes the Third Federally Regulated ‘Crypto Bank’
Paxos has received preliminary approval from the OCC to form a national trust bank, making it the third such “crypto bank” to be nationally regulated. Paxos’ General Counsel D...
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Apr 26, 2021 at 3:32 p.m. UTC
Apr 26, 2021