New York Regulator Investigating Stablecoin Issuer Paxos Standard
Binance said that it’s closely watching the developments of a probable investigation of Paxos Trust Co.
Binance said that it’s closely watching the developments of a probable investigation of Paxos Trust Co.
The NYDFS has always been a fan of innovation favoring the impact Paxos has made in the financial market within the country.
Coinbase Custody, a subsidiary of the Coinbase cryptocurrency exchange has announced a set of coins and digital assets it is set to provide custody support for provided regulatory approved in defined jurisdictions permit.
To support payments in Bitcoin, Twitch is using BitPay’s digital currency processing network.
Many online businesses are seeing the rise of Bitcoin and cryptocurrencies and are starting to see them as a viable method of payment.
Blockchain.com offers retail investors a new Borrow option that will let them ‘borrow like the big guys’, pledging their Bitcoin, Bitcoin Cash, Stellar or Ether.
A new product offered by Binance will allow its BUSD stablecoin to be easily converted with other stablecoins in the crypto market.
Dinwiddie is going to sell his securities-backed SD8 tokens, which can’t be traded for a year, for $150,000 apiece to verified accredited investors under the SEC Regulation D, Rule 506 (c).
Users of crypto exchange Bitfinex and its associated token-trading platform Ethfinex will now have a total of six stablecoin options for trading on either platform.
The leading stablecoin Tether is challenged by PAX which has seen growth lately and has a market capitalisation of $41.94 million.