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 […]
Paxos Aims for US Trust Bank License to Expand Financial Services
Stablecoin and blockchain infrastructure provider Paxos is pursuing a trust bank license with U.S. regulators. The company’s goal is to establish an office in the United States, enabling […]
Paxos Seeks Trust Bank License to Broaden Financial Services
Paxos, a company known for its work on stablecoins and blockchain infrastructure, has announced its intention to obtain a trust bank license in the United States. This move […]
Paxos Faces $48.5 Million Penalty for Binance-Related Compliance Issues
Paxos has agreed to pay a $48.5 million penalty to the New York Department of Financial Services (NYDFS) in response to alleged anti-money laundering violations related to its […]