Business
Paxos Seeks National Bank Trust Charter Amid Rivals' Moves
Paxos aims to shift its regulatory oversight from New York to federal, joining other stablecoin firms in their charter applications.
Finance
Paxos Penalized $26.5 Million by NYDFS for Compliance Shortcomings Related to Binance
Paxos faces substantial penalties from New York's financial authority, including commitments to bolster its compliance framework amid regulatory scrutiny.
Crypto
USDG Launches in Europe as a Fully Regulated Stablecoin
The fully compliant USDG, a global dollar-backed stablecoin, is now available in the EU, backed by major players including Robinhood and Kraken.
Finance
Mastercard Enhances Stablecoin Capabilities With New Integrations
Mastercard expands its network to incorporate various stablecoins, including PayPal’s PYUSD and the Global Dollar (USDG), facilitating seamless transactions.
Finance
Fiserv Enters the Stablecoin Market with New Collaboration
Fiserv announces a new digital asset platform and stablecoin, teaming up with Circle, Paxos, and PayPal to enhance cross-border payments.
Crypto
Mastercard Launches Integration for Stablecoin Payments and Introduces OKX Card
Mastercard has unveiled new capabilities to facilitate stablecoin transactions, integrating its services with crypto exchange OKX to introduce the OKX Card, enhancing digital asset payments.
Crypto
Tokenized Gold Achieves $1.4 Billion Market Valuation as Trading Activity Peaks in March
The market for gold-backed tokens surged to a record $1.4 billion, with Tether's XAUT and Paxos' PAXG leading the way, as detailed in CoinDesk's report.
Business
Paxos to Acquire Membrane Finance in Finland for EU Market Access
Paxos has announced its acquisition of Membrane Finance, aiming to strengthen its presence in the European Union market.
Crypto
New Regulation-Compliant Dollar Stablecoin Supported by Major Crypto Firms
A prominent group in the crypto industry introduces a stablecoin focused on compliance and community benefits.
