Paxos Financial News

10.03 / 17:53

business Stablecoin Paxos Financial Paxos secures approval from Singapore’s financial regulator

The Monetary Authority of Singapore, or MAS, has granted stablecoin issuer Paxos regulatory approval to offer crypto services to local companies.

21.01 / 15:38

Ethereum M&A Paxos Bitcoin Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos

Argentine-headquartered ecommerce giant Mercado Libre invested in Mercado Bitcoin and Paxos as it aims to boost its presence in the cryptosphere, as well as digital asset development and adoption in Latin America.

15.12 / 18:12

coinbase Bitfury Congress Paxos Crypto in the House: Execs on the march, US partisan politics and Web3

On Dec. 8, top executives from six major crypto companies faced the United States House of Representatives’ Financial Services Committee during a special hearing on digital assets. While the tone of the conversation was largely proclaimatory, the industry reacted with an optimistic buzz — it seems that crypto is bound to become a hot topic on the Hill for years to come.

08.12 / 18:25

coinbase proof-of-work Paxos Bitcoin Watch: 6 Crypto CEOs Testify About Threshold Issues, Bitcoin Mining, and More

US lawmakers should take steps to bring crypto-related activities into the regulated financial system, while also developing a “national policy for a decentralized Web 3” as they did for Web 1 in the 1990s, Brian Brooks, CEO of Bitcoin (BTC) mining firm Bitfury, wrote in a testimony ahead of a hearing at the House Financial Services Committeetoday.

01.12 / 23:13

Government coinbase Bitfury Paxos hearing committee House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets

Maxine Waters, the chair of the House Committee on Financial Services, has announced several chief executive officers at major crypto firms in the United States will speak at a hearing to discuss digital assets and the future of finance.

24.11 / 12:33

Stablecoin Tether coinbase Paxos US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’

Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them.

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