Paxos

BD-03-02-23
What the Silvergate Death Spiral Means for the Crypto Industry
The failing bank has been abandoned by Coinbase, Paxos and Circle.
BD-03-02-23

Bitcoin Holds Above $23K Amid Silvergate Exodus
Bitcoin Holds Above $23K Amid Silvergate Exodus
Bitcoin is trading at around $23,400, as the largest token by market capitalization remains relatively unfazed by a number of crypto firms, including Coinbase and Paxos, endin...
Bitcoin Holds Above $23K Amid Silvergate Exodus

Slew of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank
Slew of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank
A growing group of crypto firms is ending its relationship with crypto-focused bank Silvergate, after the bank delayed its 10K filing and said there were concerns about its ab...
Slew of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank

Coinbase CEO Brian Armstrong (CoinDesk)
Coinbase CEO Armstrong: We Delisted BUSD Due to Liquidity Concerns
The exchange previously said it made the move because BUSD didn’t meet its listing standards, without going into any detail.
Coinbase CEO Brian Armstrong (CoinDesk)

Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report
Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report
Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the la...
Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)
Paxos Is Holding 'Constructive Discussions' With SEC
News of the talks comes a week after Paxos said it received a Wells Notice from the regulator.
Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Coinbase official Faryar Shirzad (Wikimedia)
Coinbase Exec: US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts
Chief Policy Officer Faryar Shirzad said the exchange would “love to register” its two dormant broker-dealers, but the reality is no clear direction has been provided by lawma...
Coinbase official Faryar Shirzad (Wikimedia)

Carpe Consensus 4X3
SEC Takes Aim at Kraken and Paxos
CoinDesk Managing Editor Nik De recaps his regulatory scoops from last week. Plus: Austin Federa, head of strategy at the Solana Foundation, details what’s next for the networ...
Carpe Consensus 4X3

(Nikhilesh De/CoinDesk)
Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins
The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.
(Nikhilesh De/CoinDesk)

(Rene Bruun/EyeEm/Getty Images)
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.
(Rene Bruun/EyeEm/Getty Images)