Leading stablecoin issuers Circle and Paxos have partnered with Bluprynt to launch a pilot program aiming to bolster transparency and trust within the market. The initiative seeks to […]
Paxos Aims to Become US National Trust Bank
Paxos, a major player in the stablecoin and tokenization space, has officially submitted an application to become a national trust bank under the Office of the Comptroller of […]
Paxos Seeks US Bank License, Aiming for Stablecoin Regulation Boost
Paxos Trust Company, issuer of the USDP stablecoin, has resubmitted its application to convert its New York trust license into a full-fledged US national bank charter. This formal […]
Paxos Applies for Trust Bank License, Raising Regulatory & Market Implications
Cryptocurrency firm Paxos has reportedly applied for a U.S. trust bank license, potentially expanding its operations and impacting stablecoin issuance. While the application remains unconfirmed, market attention is […]
Paxos Seeks U.S. National Trust Charter for Enhanced Safety and Transparency
Paxos Trust Company has officially applied to convert its New York limited purpose trust charter into a U.S. national trust charter with the Office of the Comptroller of […]
Paxos Applies for National Trust Charter with OCC
Paxos, a leading cryptocurrency firm, has officially filed to obtain a national trust charter from the U.S. Office of the Comptroller of Currency (OCC). This move signals a […]
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 […]
Paxos Seeks National Trust Bank Charter for Expanded Operations
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 […]