by: xpoolPosted on:

Paxos Seeks National Trust Charter for Enhanced Security and Oversight

Leading real-world assets (RWA) tokenization company Paxos has announced its ambition to expand its reach in the financial markets. The company has applied to obtain a national trust bank charter, transitioning from its existing New York Department of Financial Services (NYDFS) license. This move signifies a shift towards greater federal oversight and enhanced safety standards for Paxos’ operations.

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