The OCC just provided conditional approval to a broad swath of five different companies that adds diveristy and depth to ...
Paxos, the leading blockchain infrastructure platform for innovative institutions and enterprises, today announced it has received approval to convert its New York Department of Financial Services ...
The firms have obtained conditional approval from the Office of the Comptroller of the Currency to convert into national ...
Mesh, the leading crypto payments network, today announced a partnership with Paxos, the leading regulated blockchain infrastructure and tokenization platform. This integration will allow Paxos to ...
Paxos, and crypto custodian BitGo received conditional approval from the Office of the Comptroller of the Currency (OCC) on ...
The Office of the Comptroller of the Currency issued conditional approval for five crypto companies. Circle, Ripple, BitGo, ...
The Office of the Comptroller of the Currency (OCC) has announced conditional approvals for five national trust bank charter ...
Circle, Ripple among five stablecoin issuers conditionally approved for national trust banking charters as market hits $313 ...
Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U.S. dollar. Since Tether (USDT), the most recognized ...
But the firm said it “categorically disagrees with the SEC staff because BUSD is not a security under the federal securities laws.” It also claimed that Paxos is “always backed 1:1 withU.S.
What’s wrong with current stablecoins? Put simply, too much profit is directed to issuers. In most cases, the yield from reserves flows back to those managing the stablecoin rather than to its users.
Global Dollar Network (GDN) announced it has grown to 100+ partners, its USD-backed stablecoin, Global Dollar (USDG), topped ...