Regulators are cracking down hard on crypto firms, and Paxos Trust is the latest to face the heat with a $48.5 million penalty. The New York State Department of Financial…
Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025
Executive Interview with Kathy Lian from BKTraders | iFX EXPO…
The New York Department of Financial Services (NYDFS) reached a $48.5 million settlement with crypto infrastructure company Paxos over its partnership with Binance and alleged failure to uphold sufficient anti-money…
New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in its compliance and anti-money laundering programs, including a past partnership…
In the absence of a U.S. federal framework, New York's crypto regulatory regime remains a guide for domestic and international regulators, and that includes Congress, Adrienne Harris, head of the…