Paxos Financial News

16.11 / 08:45

Stablecoin Paxos Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity.

12.07 / 21:17

Provident Digital security Strategy Align Paxos Crypto License Paxos Secures DPT License in Singapore to Issue MAS-Compliant Stablecoin

Crypto firm Paxos has received full approval from Monetary Authority of Singapore (MAS) to offer digital payment token (DPT) services.

12.07 / 12:40

SEC Paxos BUSD Breaking: SEC Drops Probe Into Paxos, Affirming Stablecoins’ Non-Security Status

The SEC just dropped its probe into crypto firm Paxos over its BUSD stablecoin one year after issuing a Wells Notice to the firm, per a Fortune report.

15.05 / 00:27

Blockchain Digital CFTC Platform Paxos Trade innovations Former CFTC Chair Christopher Giancarlo Joins Paxos Board of Directors

Paxos, a leading regulated blockchain and tokenization infrastructure platform, appointed Christopher Giancarlo, the former Chairman of the United States Commodity Futures Trading Commission (CFTC), to its board of directors on May 14.

15.04 / 20:37

Paxos Bitcoin PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion

PAXG reached an all-time high of $2,855 on April 13 amid the ongoing conflict in the Middle East following the missile and drone attack.

08.04 / 14:45

PayPal Paxos PYUSD PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos

The stablecoin PayPal USD (PYUSD), issued jointly by payment giant PayPal and cryptocurrency company Paxos, experienced a notable decrease in circulation in March.

29.11 / 19:47

Stablecoin regulation Bitcoin Regulation Paxos Middle east Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

Crypto firm Paxos has secured in-principle approval from Abu Dhabi’s regulator on two fronts: to issue stablecoins and conduct digital asset services.

16.11 / 06:05

business Stablecoin regulation Paxos Paxos to issue USD stablecoin in Singapore, wins initial approval

Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin.

28.09 / 10:39

Stablecoin PayPal Paxos Crypto.com PYUSD Crypto.com, PayPal and Paxos Partner for PayPal USD Integration – Here's What You Need to Know

Payments and cryptocurrency exchange Crypto.com is integrating PayPal USD (PYUSD) establishing it as a ‘preferred’ exchange for the stablecoin.

28.09 / 09:31

Adoption PayPal Paxos Crypto.com PayPal USD Crypto.com to become preferred exchange for PayPal USD

Singapore-based exchange Crypto.com has teamed up with PayPal and Paxos to become a preferred platform for PayPal USD (PYUSD).

16.09 / 08:29

Paxos Transaction Fee F2Pool Returns Bitcoin Miner Bitcoin Miner Returns 19.8 BTC in Fees After Paxos Claims Payment Mistake

According to an X post, a cryptocurrency mining pool, F2Pool, has returned the mistakenly transferred transaction fee of 19.8 BTC made by Paxos, a Financial infrastructure firm.

15.09 / 15:13

Blockchain Ethereum Paxos ATM Bitcoin Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

14.09 / 11:49

Paxos Bitcoin F2Pool 500 $500,000 Bitcoin Fee Blunder: Paxos Revealed as Responsible Party

The US-based crypto service provider Paxos has been revealed as the party responsible for massively overpaying fees on a recent Bitcoin transaction.

14.09 / 09:39

business Mining fees Paxos Rewards Bitcoin Bitcoin Miner Bitcoin miner mulls refunding 20 BTC reward to Paxos

A Bitcoin (BTC) miner who mistakenly received 20 BTC — worth over $500,000 — from crypto exchange Paxos for settling a 0.008 BTC ($200) transaction is now reconsidering their decision to return the jackpot to its rightful owner.

14.09 / 06:25

Stablecoin Federal Reserve Paxos Cryptocompare Crypto derivatives Crypto derivatives volumes surge to $3.12 trillion in July - CryptoCompare

Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show signs of recovery from the recent market crash. The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes on exchanges to $4.51 trillion in July, CryptoCompare said. Derivatives exchanges traded as much as $245 billion on July 29, 9.7% more than June's top daily high of $223 billion. But spot cryptocurrency trading edged lower to $1.39 trillion in July, a 1.3% monthly decline and the lowest since December 2020, CryptoCompare said.

13.09 / 10:39

business Ethereum Stablecoin PayPal Paxos PayPal USD Backed PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating that the coin is fully backed by assets.

31.08 / 08:41

business Stablecoin Binance SEC Paxos Binance USD Support Binance pushes new stablecoin as it confirms plan to cease BUSD support

Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into a newly listed stablecoin amid plans to wind down support for BUSD.

28.06 / 13:07

business Blockchain Stablecoin Adoption Latin America Paxos Paxos and MercadoLibre partner up to bring USDP to Mexico

Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP) stablecoin to Mexico via the MercadoPago payment service on June 28.

27.06 / 20:37

business Paxos services New exchange EDX reportedly switching out Paxos' custody services for Anchorage's

EDX, a cryptocurrency exchange launched a week ago with the backing of tradfi heavyweights such as Citadel Securities, Fidelity Digital Assets and Charles Schwab, is reportedly preparing to switch custody providers, dropping Paxos Trust in favor of Anchorage Digital. EDX has a noncustodial business model designed to remove conflicts of interest.

17.06 / 21:13

business Stablecoin Binance Altcoin Paxos Binance USD BUSD falls to fourth position among stablecoins

The dollar-pegged Binance USD (BUSD) stablecoin sits now at the fourth position in market capitalization among other stablecoins following a dip of over $1 billion in the past 30 days, data from CoinMarketCap shows.

24.05 / 07:17

business Binance Reuters CFTC regulation Paxos Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’

Crypto exchange Binance denies allegations of mismanagement of customers’ funds. Binance’s denial came in response to a Reuters report that alleged that the crypto exchange comingled customer’s funds with company revenue.

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