Paxos | ForkLog

ForkLog 4 12.05.2022

Brazil’s largest neobank to give 50 million customers access to cryptocurrencies

Nubank announced a partnership with Paxos. During May–July, Brazilian digital bank customers will be able to buy, sell and hold Bitcoin and Ethereum.

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ForkLog 11 10.03.2022

Paxos Granted Licence to Provide Services in Singapore

Paxos has received from the Monetary Authority of Singapore (MAS) an "in-principle approval" to provide services related to cryptocurrencies and other digital assets.

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ForkLog 7 13.09.2021

Interactive Brokers launches cryptocurrency trading for US clients

The brokerage Interactive Brokers, in partnership with Paxos, opened access to digital assets for U.S. clients.

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ForkLog 15 24.08.2021

Paxos renames Paxos Standard stablecoin to Pax Dollar

The company behind Paxos Standard (PAX), Paxos, renamed the stablecoin to Pax Dollar (USDP) to make it easier to identify with the U.S. dollar that underpins it.

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ForkLog 11 29.07.2021

Bank of America and Coinbase Ventures Join Paxos as Strategic Investors

Four major strategic investors—Bank of America, Coinbase Ventures, FTX and Peter Thiel's Founders Fund—joined Paxos in its April funding round.

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ForkLog 6 22.07.2021

Paxos reveals backing for PAX and BUSD stablecoins

US-dollar–pegged stablecoins from Paxos are fully backed by cash and cash equivalents, as well as U.S. Treasury securities. This was stated by the company's general counsel, Dan Burstein.

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ForkLog 5 20.07.2021

Mastercard to simplify crypto-to-fiat conversion

Mastercard plans to expand its crypto card program to simplify converting digital assets into fiat.

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ForkLog 6 17.05.2021

Bank of America joins Paxos settlement blockchain platform

Bank of America has joined Paxos Settlement Service, a blockchain platform for settlement of securities.

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ForkLog 6 29.04.2021

Paxos raises $300 million from Oak and PayPal Ventures

Paxos raised $300 million after a Series D round, valuing the company at $2.4 billion.

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ForkLog 6 23.04.2021

Paxos Secures Conditional National Bank License

The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, has approved Paxos' application for a nationwide trust bank license.

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ForkLog 12 09.04.2021

Paxos to Apply for Clearing Agency Licence

Paxos is preparing an application to the U.S. Securities and Exchange Commission (SEC) for an official clearing agency licence. The firm plans to obtain registration by the end of 2021.

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ForkLog 41 29.03.2021

airBaltic adds ability to pay for tickets with Ethereum and Dogecoin

The Latvian airline airBaltic has added the option to pay for tickets with Ethereum, Dogecoin, Bitcoin Cash, USD Coin, Binance Dollar, Gemini Dollar and Paxos.

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