Latest News and Articles about Paxos
US Regulators Open U.S. Markets to Paxos Blockchain Settlement and BTC Perpetuals
US regulators clear path for blockchain innovation in TradFi U.S. regulators just made two moves that push blockchain deeper into the plumbing of mainstream finance: the SEC approved Paxos Securities Settlement Company as a registered clearing agency and central securities depository, while the CFTC approved KalshiEX to list a BTC-linked perpetual futures contract. Translation: crypto […]
Read MorePaxos Becomes First SEC-Approved Blockchain-Native Clearing Agency
Paxos has become the first blockchain-native clearing agency approved by the U.S. Securities and Exchange Commission, a notable step toward dragging post-trade settlement out of the fossil age and into something closer to modern finance. SEC approval: Paxos gets rare clearance as a blockchain-native clearing agency Market plumbing upgrade: Could improve settlement, custody, and reconciliation […]
Read MoreCrypto Giants Ripple, Circle, Paxos Secure Conditional OCC Trust Bank Charters
Ripple, Circle, Paxos Gain Conditional OCC Approval for National Trust Bank Charters The US banking system just cracked open its vault to crypto titans. On Friday, the Office of the Comptroller of the Currency (OCC) granted conditional approval for national trust bank charters to several major cryptocurrency firms, including Circle, Ripple, BitGo, Fidelity Digital Assets, […]
Read MoreTether’s $300M Celsius Deal and Paxos’s $300T Blunder: Stablecoin Crisis Exposed
Tether’s $300M Celsius Settlement and Paxos’s $300T Blunder: Stablecoin Chaos Unraveled Stablecoins are back in the spotlight, and it’s a messy mix of legal reckonings, jaw-dropping errors, and regulatory pivots. Tether’s $299.5 million settlement with the bankrupt Celsius Network, Paxos’s accidental minting of $300 trillion in PYUSD, and a wave of stablecoin issuers chasing U.S. […]
Read More