by: xpoolPosted on:

Paxos Seeks Federal Trust Charter, Expanding Regulatory Reach

Crypto tokenization provider Paxos has applied to the U.S. Comptroller of the Currency (OCC) for a National Trust Charter. This move aims to bolster regulatory compliance and build trust with partners and consumers. By transitioning to federal oversight from New York Department of Financial Services (NYDFS), Paxos seeks enhanced safety and transparency, without disrupting market activity immediately. 💰

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  3. Paxos Aims for Federal Oversight, Seeking to Become a Trusted Player in the Stablecoin Space
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