As the price of gold is on the cusp of breaking its April peak, the market size of crypto tokens backed by the precious metal has already surged to fresh…
Paxos Trust Company, the crypto infrastructure company behind PayPal’s PYUSD stablecoin, has filed to convert its New York limited-purpose trust charter into a US national trust bank charter, renewing an…
In brief
Stablecoin issuer Paxos applied for a national trust charter with the OCC.
The firm joins Circle and Ripple among stablecoin companies seeking the national charter.
In May, the OCC…
Paxos has filed a new application with the U.S. Office
of the Comptroller of the Currency to secure a national trust charter,
seeking to replace its New York state license with federal…
Stablecoin issuer firm Paxos has applied for a national bank trust charter with the Office of the Comptroller of the Currency (OCC), making it the latest U.S. stablecoin company to…
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 brief
New York-based fintech Paxos worked with Binance to mint the BUSD stablecoin.
It stopped working with Binance in 2023.
New York's regulator has said Paxos will pay a $26.5…