Paxos | ForkLog

ForkLog 8 09.08.2023

Paxos reveals new partnerships to launch stablecoins

The infrastructure company Paxos is working on other stablecoin projects, such as PayPal's PYUSD. Walter Hessert, head of strategy at the firm, said this on CoinDesk TV.

AI translated

ForkLog 8 13.04.2023

Paxos to exit Canada amid tighter crypto regulation

The infrastructure company and stablecoin issuer Paxos will exit the Canadian market, according to a press release.

AI translated

ForkLog 13 22.02.2023

Paxos reports ‘constructive dialogue’ with the SEC

Infrastructure company and stablecoin issuer Paxos expects to continue constructive discussions with the SEC and, if necessary, is prepared to defend its position in court. This was stated by its CEO Charles Cascarilla.

AI translated

ForkLog 6 13.02.2023

New York regulator explains Paxos decision

The infrastructure company and issuer of stablecoins Paxos failed to ensure the safety of BUSD, which could have led to illicit activity. Reuters reported this to the New York Department of Financial Services (NYDFS).

AI translated

ForkLog 3 13.02.2023

Bloomberg reports PayPal’s pause in developing a stablecoin

The payments giant PayPal has paused development of its own stablecoin amid news of the NYDFS's investigation into Paxos, the issuer of BUSD and USDP. Bloomberg reports.

AI translated

ForkLog 6 13.02.2023

SEC Warns Paxos of Enforcement Action, Reports Say

The U.S. Securities and Exchange Commission (SEC) plans to sue Paxos over its role in issuing the Binance USD (BUSD) stablecoin, The Wall Street Journal reports, citing sources familiar with the matter.

AI translated

ForkLog 8 10.02.2023

Bloomberg: New York regulator opens investigation into Paxos

The New York State Department of Financial Services (NYDFS) has launched an investigation into Paxos, the infrastructure company and issuer of stablecoins, Bloomberg reports.

AI translated

ForkLog 8 14.11.2022

U.S. authorities demanded Paxos freeze assets withdrawn from FTX

Paxos has been ordered by US federal law enforcement authorities to freeze assets linked to four Ethereum addresses.

AI translated

ForkLog 6 07.11.2022

Paxos to hire 130 blockchain specialists for its Singapore subsidiary

Paxos will expand its Singapore unit headcount from 20 to 150 over the next three years, Bloomberg reports.

AI translated

ForkLog 9 02.11.2022

USDC and USDP issuers obtain licences to operate in Singapore

The Monetary Authority of Singapore (MAS) has issued licences to operate for stablecoin issuers USDC and USDP — Circle and Paxos.

AI translated

ForkLog 8 17.10.2022

Mastercard to provide banks with tools to access cryptocurrencies

The payments giant Mastercard, in partnership with Paxos, will act as an intermediary for traditional financial institutions in launching cryptocurrency trading. CNBC's chief technology officer Jörn Lambert said this.

AI translated

ForkLog 9 10.08.2022

Interactive Brokers expands cryptocurrency trading

The brokerage Interactive Brokers announced that trading of digital assets would run 24/7 and that new coins were added to the listing alongside Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

AI translated

#Paxos