Paxos

microstrategy,-tether-adds-to-firms-distancing-from-silvergate-as-stock-dives-57%
Posted by | March 2, 2023
MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%

Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.The news comes after Silvergate announced on March...

Continue Reading
crypto-friendly-bank’s-stock-crashes-over-45%-as-coinbase-cuts-off-silvergate-payments
Posted by | March 2, 2023
Crypto-Friendly Bank’s Stock Crashes Over 45% As Coinbase Cuts Off Silvergate Payments

A crypto-friendly bank’s stock price is free-falling as the top US-based crypto exchange platform by volume cuts off its payments. In a new announcement, crypto exchange giant Coinbase says it...

Continue Reading
crypto-lobbying-needs-a-reset:-more-ftc,-less-sec
Posted by | February 24, 2023
Crypto Lobbying Needs a Reset: More FTC, less SEC

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Michael J. Casey is CoinDesk's Chief Content Officer.Join the most important conversation in crypto and...

Continue Reading
paxos-in-‘constructive-talks’-with-sec-following-enforcement-action-on-binance-usd-(busd):-report
Posted by | February 21, 2023
Paxos in ‘Constructive Talks’ With SEC Following Enforcement Action on Binance USD (BUSD): Report

New York-based crypto company Paxos Trust Company is in “constructive talks” with the U.S. Securities and Exchange Commission (SEC) following enforcement actions surrounding stablecoin Binance USD (BUSD). According to a...

Continue Reading
paxos-in-talks-with-the-sec,-binance-partnership-over?
Posted by | February 21, 2023
Paxos In Talks With The SEC, Binance Partnership Over?

According to a Reuters report, Paxos, the first regulated blockchain infrastructure platform behind Binance’s stablecoin BUSD, is in ongoing discussions with the Securities Exchange Commission (SEC) following the regulatory crackdown...

Continue Reading
paxos-is-engaged-in-‘constructive-discussions’-with-sec:-report
Posted by | February 21, 2023
Paxos is engaged in ‘constructive discussions’ with SEC: Report

The stablecoin issuer is currently facing a lawsuit from the SEC in which the financial regulator claimed BUSD was an unregistered security. 3619 Total views 23 Total shares Own this...

Continue Reading
tether-market-cap-nears-$70b-as-sec-crypto-crackdown-hurts-stablecoin-rivals
Posted by | February 16, 2023
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals

The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitalization has...

Continue Reading
mastercard-launching-new-program-to-help-banks-offer-crypto-trading-services:-report
Posted by | October 17, 2022
Mastercard Launching New Program To Help Banks Offer Crypto Trading Services: Report

Payments giant Mastercard is reportedly launching a new program that will help banks offer crypto trading services to customers. According to a new report by CNBC, Mastercard plans to serve...

Continue Reading
what-is-pax-gold-(paxg)-and-how-does-it-work?
Posted by | September 11, 2022
What is PAX Gold (PAXG) and how does it work?

In recent years, nonfungible tokens (NFTs), cryptocurrencies and other modern investment options have become trendy. However, physical commodities such as gold are still in high demand. In 2021, the global...

Continue Reading
gold-tokens-take-off-as-inflation-accelerates,-bitcoin-retreats
Posted by | June 10, 2021
Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats

As bitcoin loses some of its luster as “digital gold,” some cryptocurrency investors are apparently seeing value in tokens backed by the physical version of the yellow metal.    According to data...

Continue Reading