Tag: Paxos

Paxos Proposes USDH Stablecoin to Anchor Hyperliquid Ecosystem and Fund Buybacks

Paxos proposed issuing USDH, a Hyperliquid‑first regulated stablecoin, geared toward accelerating adoption and enterprise integration throughout the Hyperliquid ecosystem. The Paxos Labs initiative, backed by Paxos’s decade of regulated stablecoin issuance and up...

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...

Paxos asserts that Binance USD isn’t a safety underneath two separate assessments

Advert Paxos revealed a letter from its CEO, Charles Cascarilla, on Feb. 21 through which the manager mentioned the corporate’s ill-fated BUSD stablecoin.On Feb. 13, motion from New York regulators led Paxos to...

WSJ: Crypto Agency Paxos Faces SEC Lawsuit Over Binance USD Token

Wall Avenue Journal (gated) with the report. In short:The Securities and Alternate Fee ...

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...

Paxos Becomes “Major Payments Institution” in Singapore

Paxos, a cryptocurrency trading and custody platform, announced on Wednesday that Paxos Global Pte Ltd had acquired a license from the Monetary Authority of Singapore (MAS). Under the new license, Paxos...

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