Tag: issuer

Stablecoin Issuer Paxos Applies for Nationwide Belief Constitution After Circle, Ripple

Paxos has filed a brand new utility with the U.S. Workplace of the Comptroller of the Foreign money to safe a nationwide belief constitution, looking for to exchange its New York state license with federal...

Ripple’s $4B-$5B Bid for Stablecoin Issuer Circle Rejected amid IPO Plans: Report

Ripple proposed a takeover of rival stablecoin supplier Circle Web Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low, in accordance with sources cited by Bloomberg.Whereas Ripple reportedly...

Stablecoin Issuer Circle Recordsdata for US IPO Regardless of 42% Revenue Decline

Stablecoin issuer Circle filed its Type S-1 registration with the Securities and Alternate Fee (SEC) yesterday (Tuesday), formally confirming its intention to checklist its shares publicly on the New York Inventory Alternate. If...

Stablecoin issuer Paxos reportedly probed by New York regulators

Paxos Belief Firm — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Greenback (USDP) — is reportedly being investigated by the New York Division of Monetary Companies (NYDFS). A “particular person...

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