Paxos Archives - Coinspeaker

OCC Grants Conditional Approval to Ripple, Circle, BitGo, Fidelity, Paxos for National Trust Bank Charters

Five leading cryptocurrency firms received conditional approval from the OCC for national trust bank charters, marking a pivotal regulatory shift in digital asset oversight.

Paxos Acquires Fordefi for Over $100M to Expand DeFi Custody Solutions

Cryptocurrency News, News

By José Rafael Peña Gholam Nov 25, 2025

Stablecoin issuer Paxos purchases institutional crypto wallet provider Fordefi in a deal exceeding $100 million, aiming to meet growing customer demand for secure, regulated DeFi services.

Hyperliquid on PayPal and Venmo, Paxos Releases USDH Proposal V2

Cryptocurrency News, News

By Godfrey Benjamin Sep 10, 2025

Paxos has announced three upgrades coming to its initial Hyperliquid bid as an offshoot of its USDH proposal V2.

Cryptocurrency News, News

NYDFS Fines Paxos $48.5M Over AML Violations Related to Binance Partnership

By Tristan Greene Aug 7, 2025

New York financial regulators settled with Paxos Trust Company for $48.5 million over anti-money laundering deficiencies related to its Binance partnership.

Altcoin News, Cryptocurrency News, News

Global Dollar (USDG) Stablecoin to Challenge Tether as Galaxy Digital, Kraken, Robinhood, Paxos, Others Join Hands

By Bhushan Akolkar Nov 5, 2024

Leading crypto firms including Paxos, Kraken, Galaxy Digital, and Robinhood announced the formation of the Global Dollar Network to enhance stablecoin adoption globally.

Altcoin News, Cryptocurrency News, News

Paxos Steps Up Its Stablecoin Game with USDG Launch on Ethereum

By Chimamanda U. Martha Nov 1, 2024

Paxos launched the USDG stablecoin in response to institutional demand for a fully regulated stablecoin.

Altcoin News, Cryptocurrency News, News

SEC Ends Probe into Paxos BUSD Stablecoin

By Anisha Pandey Jul 12, 2024

The SEC’s decision to drop the investigation comes after it failed multiple times in notable court rulings.

Cryptocurrency News, News

Singapore Exchange Has No Current Plans for Crypto Listings, CEO Says

By Tolu Ajiboye Jul 9, 2024

The CEO of Singapore’s primary bourse has said that current conditions are not ripe for the exchange to list any crypto products.

Altcoin News, Blockchain News, Cryptocurrency News, News

Paxos Obtains Regulatory Approval in UAE to Offer Fiat-backed Stablecoins to Web3 Users

By Steve Muchoki Nov 30, 2023

Paxos received the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) to offer USD-backed stablecoins among other crypto services.

Altcoin News, Blockchain News, Cryptocurrency News, News

Paxos to Issue New US Dollar-Backed Stablecoin in Singapore

By Godfrey Benjamin Nov 16, 2023

The in-principle approval granted by the Monetary Authority of Singapore positions Paxos to offer digital payment token services, marking a significant step towards establishing a foothold in the Singaporean market.

Blockchain News, Cryptocurrency News, News

HSBC Modernizes London Gold Market with Blockchain Technology

By Godfrey Benjamin Nov 2, 2023

HSBC’s foray into blockchain technology differentiates it from previous attempts by other financial institutions to streamline gold investing.

Blockchain News, Cryptocurrency News, News

Crypto.com Teams Up with PayPal and Paxos to Boost PYUSD Position

By Chimamanda U. Martha Sep 28, 2023

Despite entering the list of approved digital assets, PayPal’s PYUSD stablecoin may not experience the instantaneous adoption initially anticipated following the launch.

Blockchain News, Cryptocurrency News, News

Binance Phasing Out Support for BUSD Stablecoin by Q1 2024

By Godfrey Benjamin Aug 31, 2023

Binance will delist BUSD as a loanable asset on September 6 and will suspend withdrawals of Binance-pegged BUSD tokens via BNB Chain, Avalanche, Polygon, and Tron on September 7.

Altcoin News, Blockchain News, Cryptocurrency News, News

US House Financial Services Committee Feel Differently about New PayPal Stablecoin

By Tolu Ajiboye Aug 10, 2023

US House leadership is calling for robust regulatory framework for the new PayPal stablecoin despite being on opposing ends of the discuss.

Blockchain News, Cryptocurrency News, News

PayPal Confident in Its Stablecoin despite Sector Complexity

By Godfrey Benjamin Aug 9, 2023

PayPal’s recent entry into the stablecoin arena with PYUSD is marked by both anticipation and caution. Despite the promising prospects of stablecoins, challenges, and uncertainties loom on the horizon.