Paxos reportedly investigated by New York officials

2023-2-10 14:41

While Paxos claims that OCC has not barred them from obtaining a national bank charter, rumor is that the New York regulator forced it to withdraw the application. Paxos, a provider of stablecoins and brokerage services, asserted that New York’s…

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new paxos york withdraw application provider forced

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Источник: btcmanager.com

new paxos → Результатов: 125

Crypto service company Paxos launches new fiat gateway and API tools

Paxos, the first New York regulated trust company for digital assets, specializing in bitcoin/crypto custody, trade and settlement, announced today new solutions that businesses can utilize to bridge between traditional and digital assets.

2019-11-13 00:41	Paxos
new paxos crypto gateway fiat company launches

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BitPay Payment Processor To Utilize Paxos (PAX) Stablecoin To Improve Transaction Settlements

The adoption of cryptocurrency into new use cases has been constant. Rather than creating this opportunity independently, this need has made it crucial to establish partnerships with other companies that have managed to find their way into this new territory.

2018-11-21 10:59	News
new paxos find managed partnerships companies way

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Gemini Faces Competition As Paxos Releases New, Regulated Stablecoin

Right on the heels of the Winklevoss twins’ enterprise announcement that Gemini will be matching cryptocurrency and fiat finances dollar-for-dollar with its new stablecoin, New York-based Paxos joins the realm of federally regulated crypto assets.

2018-9-11 14:00	United States
new paxos regulated stablecoin gemini faces competition

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New York Regulator Approves Two New Stablecoins, Gemini Dollar and Paxos Standard

Ever since fears arose around Tether (USDT), it seems like a new stablecoin is released every week to try and take its place. Today two new stablecoins have been revealed, with the distinction of being approved by the financial regulator known for the New York Bitlicense.

2018-9-11 02:15	Stablecoins
new regulator stablecoins york two standard paxos

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Gemini and Paxos Both Launch Stablecoins on Ethereum Blockchain

Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).

2018-9-11 01:58	Investing
gemini paxos standard dollar stablecoins tokens ethereum

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Paxos Unveils Dollar-Backed Stablecoin Approved by New York Regulator

Blockchain startup Paxos has launched a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors.

2018-9-10 16:00	Stablecoins
paxos dollar-backed stablecoin instant facilitate transaction investors

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New Partnership Designed to Securely Track Precious Metal Trades

Financial technology firm Paxos has formed a partnership with INTL FCStone Inc’s precious metals division. The department will now be using Paxos Confirmation Service — a tool built specifically for the precious metals arena — to instantly automate daily trade confirmations and reduce human error.

2018-8-9 18:15	blockchain
precious paxos metals financial service said trade

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Paxos, Xapo Get the Green Light From NY DFS for Crypto Services

The New York DFS approved Paxos’s application to offer cryptocurrency trade services for four more coins and granted Xapo a virtual currency license.

2018-6-16 22:19	News
services paxos dfs xapo cryptocurrency four license

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NYDFS Allows Cryptos for OTC trading Now

Fortunately, the continued loss in value for cryptocurrencies at exchanges in the past week does not appear to have an impact on regulatory processes. In fact, there has been progressing, as the guidelines have been tweaked sufficiently to allow Paxos Trust Company to commence OTC trading, by the New York Department of Financial Services (NYDFS).

2018-6-15 17:31
nydfs trading otc allows cryptos commence company

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Bitcoin [BTC] wallet provider approved by New York Department of Financial Services

The New York Department of Financial Services approved Xapo, wallet storage provider and vault service provider, for a virtual currency license. Paxos Trust Company, the company behind itBit exchange, was also approved for a virtual currencies charter.

2018-6-15 10:57	News
approved provider bitcoin wallet xapo virtual company

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USDP briefly spikes to $1.28, costing an Aave trader $529k

The value of the stablecoin Pax Dollar (USDP), issued by the Paxos Trust Company, experienced a surge to a high of $1.28, triggering the liquidation of $529,000 in USDC for a market participant. Like regular stablecoins, USDP is designed to…

Bloomberg: Крупнейшие банковские корпорации завершили тестирование блокчейна

Серия пилотных испытаний сети блокчейнов, соединяющих между собой банки и финансовые учреждения, стала одним из крупнейших экспериментов на рынках капитала, узнало издание Bloomberg. В эксперименте участвовали международные мега-корпорации, в том числе Goldman Sachs, BNY Mellon, Cboe Global Markets.

Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin.

Paxos receives two new in-principle approvals in Abu Dhabi

Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The company will issue USD-pegged stablecoins as well as crypto brokerage and custody services.

Bitcoin miner returns to Paxos $500k in mistakenly paid fees

A Bitcoin miner who mistakenly received the 19.8 BTC in fees returned the funds to the New York-based regulated blockchain, Paxos. On Sept. 10, a BTC transaction that moved only nearly $2,000 had a payment fee of $500,000. Later, on…

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week.

PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.

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2023-2-10 14:41

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