Crypto infrastructure firm Paxos has officially filed for a U.S. national trust bank charter with the OCC, aiming to expand its nationwide reach and operate under federal oversight. […]
Paxos Seeks National Trust Bank Charter for Nationwide Operations
Financial technology firm Paxos has filed a request to convert its New York trust charter into a U.S. national trust bank charter, paving the way for expanded operations […]
Paxos Reverses Course: Focuses on Stablecoin Compliance Instead of Full Banking License
Blockchain infrastructure firm Paxos has shifted its strategy, abandoning plans to obtain a full banking license in the United States. Instead, Paxos will focus on adhering to the […]
Paxos Seeks US National Bank License to Expand Services
Crypto infrastructure provider Paxos Trust Company, behind PayPal’s PYUSD stablecoin, has refiled its application for a US national bank charter. The move aims to unlock nationwide customer asset […]
Paxos Seeks Federal Oversight After $48.5M NYDFS Settlement
Following a significant $48.5 million settlement with the New York Department of Financial Services (NYDFS), Paxos has submitted an application to convert its trust charter into a national […]
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 […]
Paxos Applies for U.S. Trust Bank License, Aiming for Nationwide Expansion
Paxos, a prominent player in the stablecoin space, has announced its application for a U.S. trust bank license. This significant step could pave the way for broader regulatory […]
Paxos Seeks National Trust Bank Charter to Expand Presence in Traditional Banking
Cryptocurrency firm Paxos Trust Company has reapplied for a U.S. national trust bank charter, seeking to bolster its position within the established financial system. This move positions the […]
Paxos Applies for National Trust Charter to Expand Financial Services
Blockchain platform Paxos has filed an application with the U.S. Office of the Comptroller of the Currency (OCC) to transition its New York Department of Financial Services (NYDFS) […]
Paxos Aims for Federal Oversight, Seeking to Become a Trusted Player in the Stablecoin Space
Paxos Trust Company, known for its work in stablecoin technology and infrastructure, has announced plans to seek federal trust bank status from the Office of the Comptroller of […]
Paxos Seeks U.S. National Trust Bank Charter: Impact on Digital Assets Market
Paxos Trust Company has formally applied for a national trust bank license from the Office of the Comptroller of the Currency (OCC), signifying a significant shift in its […]
Paxos Seeks National Trust Bank Status to Enhance Regulatory Compliance
Stablecoin issuer Paxos has filed for a national trust bank charter with the U.S. Office of the Comptroller of Currency (OCC), joining Ripple and Circle in seeking federal […]
Paxos Applies for National Bank Charter: What it Means for Stablecoins
Paxos, known for its stablecoin issuances like PYUSD, is seeking a national banking charter from the OCC. This follows Ripple and Circle’s similar efforts, aiming for consistency in […]
Paxos Secure a Trust Bank License: Paving the Way for US Crypto Innovation
The cryptocurrency industry is witnessing a significant development that could profoundly impact how digital assets integrate with traditional finance. Paxos, a leading stablecoin issuer, has announced its ambitious […]
Paxos Seeks National Trust Bank Status to Expand Banking Services
Cryptocurrency infrastructure company Paxos Trust Company is making a push for access to traditional banking services by applying for a national trust bank charter with federal regulators. This […]