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Paxos applies for clearing license with SEC following successful pilot tests
6.4.2021
The stablecoin issuer completed a successful pilot test for same-day trade settlements with Credit Suisse and Instinet
The Block Founder Mike Dudas Takes Stablecoin Role at Paxos
3.2.2021
The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos' white-labeled stablecoin business
Paypal to Earn $2 Billion in Revenue From Its Bitcoin Business, Says Analyst
17.1.2021
Mizuho Securities analyst Don Dolev has forecast that Paypal will earn up to $2 billion in revenue from its bitcoin business by 2023. This year, he expects that the payment giant’s overall revenue will climb 20%. Dolev says there has been a “dramatic increase in engagement due...
Paxos Makes Fresh Push for DeFi Market With New Oracle Integration
14.1.2021
Fresh off its partnership with PayPal, Paxos is making a new push into the decentralized finance market
PayPal crypto partner Paxos closes $142M funding round
17.12.2020
The stablecoin issuer is pursuing ambitious plans in the expanding crypto space
Paypal Takes Another Step Into Crypto, Invests in Paxos
17.12.2020
Online payments giant PayPal joined a USD 142m Series C investment round, helping major regulated blockchain infrastructure platform Paxos increase its total funding to USD 240m.
The round was led by Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, Paxos...
Blockchain Bites: Paxos’ Banking Play, France’s KYC Terreur, FinCEN’s Personal Data Honeypot
10.12.2020
U.S. lawmakers are asking the nation's financial guardians to clarify crypto custodianship while France wages war on anonymity
Paxos seeks approval to become fully-regulated crypto bank
10.12.2020
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at both state and federal levels
Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter
9.12.2020
Stablecoin issuer and crypto services firm Paxos has filed to become a federally-regulated bank in the U.S. According to a public document released Wednesday and dated Dec. 8, Paxos is seeking to create the Paxos National Trust, filing an application with the Office of the Comptroller of...
Charles Cascarilla: PayPal Whisperer
8.12.2020
PayPal pumped excitement into the bitcoin market this year. And on the back-end of every purchase is Charles Cascarilla's Paxos
As PayPal integration looms, Paxos CEO sees mass adoption for tokenized assets
8.11.2020
Paxos CEO Charles Cascarilla sees a bright future for tokenized assets — possibly through PayPal
Conjunction of Paxos & PayPal Can Reach Millions of Crypto Traders
27.10.2020
In its recent announcement on 21 October 2020, California based one of the World’s leading online payment processors – PayPal, has revealed its plan of entering the cryptocurrency industry. For this venture to come into actuality, it has joined hands with Paxos.com. With this, Paxos Crypto...
Law Decoded: Government sandboxes, test beds and crypto compromises
23.10.2020
These week's news highlighted how governments test new regimes for cryptocurrency, which can be slow but is certainly some kind of progress
Regulation will keep PayPal's new crypto services from looking anything like crypto
21.10.2020
For now, PayPal's crypto payments are more about satisfying regulators than providing users with crypto capabilities
PayPal Granted New York’s First ‘Conditional BitLicense’ to Offer Crypto Services
21.10.2020
The New York Department of Financial Services license allows PayPal to offer cryptocurrency buying and selling through a partnership with Paxos
Cloudbet Unveils Betting With Gold in Gaming World First
19.10.2020
Cloudbet, the pioneering crypto casino and sportsbook, has added Pax Gold to its platform, making history by allowing players to bet online with gold for the first time ever. The integration of gold betting on a crypto-gaming platform marks a unique milestone in the evolution of tokenisation...
Binance Supporting Flow Blockchain with BUSD Stablecoin
17.9.2020
New York, September 17, 2020 — Binance, the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, announced today the agreement to support BUSD stablecoin on Flow, the blockchain developed by Dapper Labs, the company behind...
Binance Exchange to List Paxos’ Gold-Backed Cryptocurrency
25.8.2020
PAX Gold, a gold-backed digital asset created by Paxos Standard, will soon launch for trading on Binance
Lumi Wallet Web Widget: Cryptocurrency Exchange on Your Website
7.8.2020
Good news for those who want to upgrade their website with functional tools and features – on August 5st, Lumi Wallet Technologies launched its app web widget. Now everyone can easily embed a “mini digital wallet” into the body of their website. The Lumi Wallet Widget is a useful...
Coinbase Reviewing 19 Crypto Assets for Listing, Including Wrapped Bitcoin and Paxos Gold
1.8.2020
Crypto exchange Coinbase said Friday that it is reviewing 19 cryptocurrencies for possible listing. These new assets are: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph...