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Binance Dollar Exceeds $100 Million Cap ‒ 400% Growth
11.3.2020
The market cap for the Binance Dollar now exceeds $100 million making it the sixth biggest stable coin by market cap
Blockchain.Com Now Offers Crypto Lending Service to All Users
10.3.2020
Blockchain.com now allows retail users to borrow Paxos Standard stablecoin against Bitcoin
Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs
3.3.2020
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data
Coronavirus Is Changing How Crypto Markets Are Trading
28.2.2020
Cryptocurrency traders are contending with volatile markets due to the coronavirus)
Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet
20.2.2020
Paxos rolls out its blockchain-based settlement platform with Swiss financial services firm Credit Suisse and Nomura Group-owned Instinet
Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities
20.2.2020
The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm's own private version of ethereum
Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services
30.1.2020
The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service. Also...
Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins
21.1.2020
Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits
Paxos’ Tokenized Gold Futures Are Now Trading on FTX Exchange
14.1.2020
For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX
Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
16.12.2019
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other...
NY Regulator Proposes Relaxing New Coin Listing Requirements
12.12.2019
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...
Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
Paxos Debuts Fiat Gateway With Binance Crypto Exchange as Its First Client
12.11.2019
Major cryptocurrency exchange Binance has integrated Paxos’ newly released Fiat Gateway
Binance Exchange Is First Client for Paxos’ New Dollar Gateway
12.11.2019
The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance
Paxos Launches Settlement Platform for Equity Securities After SEC Relief
28.10.2019
Paxos is launching its settlement platform for U.S.-listed equity securities, after receiving a no-action relief from the SEC
Paxos Wins SEC ‘No-Action’ Letter to Settle Equities on a Blockchain
28.10.2019
The SEC has granted Paxos a no-action letter letting it settle equities products on a private blockchain
BUSD — Binance and Paxos Stablecoin Latest to Get US Regulator Consent
18.9.2019
With the recent launch of regulated crypto offerings such as PAXG and BUSD on the market, the global digital currency landscape appears to be rapidly evolving
Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week
12.9.2019
Binance's dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will soon be available for trading
Binance and Paxos Collaborate to Unveil a Stablecoin Pegged to USD
6.9.2019
Binance, the largest digital currency exchange in the world in terms of trading volume, and Paxos, a digital asset trust entity, have come together to unveil a stablecoin pegged to USD. The soon-to-be-launched stablecoin is referred to as BUSD (Binance USD). Binance shared this new update with...
Paxos Launches PAX Gold, Regulated and Redeemable for Physical Gold
5.9.2019
Stablecoin operator Paxos announced a gold-backed Ethereum token, PAX Gold