Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

[ad_1] Crypto firm Paxos has secured in-principle approval from Abu Dhabi’s regulator on two fronts: to issue stablecoins and conduct digital asset services. In a Nov. 29 announcement, Paxos said…

Bitcoin Schools, Paxos Oopsies, US Lawsuits and 20 Crypto Jokes

[ad_1] This week in crypto: El Salvador’s education ministry introduced Bitcoin learning in schools, while a user accidentally paid $500,000 in fees for a $200 bitcoin transfer, soon revealed to…

Crypto news: Paxos, a partner of PayPal, pays $510,750 in excess fees for Bitcoin transactions

[ad_1] According to a PayPal spokesperson who revealed the news, infrastructure partner Paxos accidentally overpaid $510,750 for a single Bitcoin transaction on 10 September.  Crypto news: PayPal spokesman reveals the…

Consumer Confidence in Crypto Strong Despite Turbulent 2022: Paxos Survey  

[ad_1] After a series of high-profile collapses and the ensuing regulatory heat in their wake, if you thought the crypto saga had hit a roadblock, you can’t be held wrong.…

Paxos ordered to cease minting Binance stablecoin by New York regulator

[ad_1] Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial…

Crypto Firm Paxos to Stop Issuing Dollar-Pegged Binance Token

[ad_1] Markets Currencies Cryptocurrency Firm will continue to manage redemptions of the product [ad_2] Source link

WSJ News Exclusive | Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD Token

[ad_1] WSJ News Exclusive Cryptocurrency The agency has been intensifying its enforcement of major crypto players [ad_2] Source link