paxos

Euroclear and Paxos are preparing for the launch of the Bankchain service that is expected to deliver lower costs and lower risk for the London gold market.

Binance Lists its Compliant USD-backed Stablecoin BUSD
September 12th, 2019

Binance, the global  cryptocurrency exchange and blockchain ecosystem, today announced the launch date of BUSD, a fully compliant USD-denominated stablecoin, as the week of September 16, 2019; and will add BUSD trading pairs on the same day. The launch date and new listing was jointly announced by Binance CFO Wei Zhou and Richmond Teo, Co-Founder […]

Paxos Decides to Digitize Gold With Its Gold-backed ‘Pax Gold’ Stablecoin
September 6th, 2019

With this move, Paxos plans to democratize the gold trading process by leveraging the power of blockchain technology. The Pax Gold (PAXG) token will make Gold mobilization absolutely easy.

Binance Partners Paxos Platform to Launch Binance USD (BUSD) Stablecoin
September 5th, 2019

BUSD will be available for direct purchase and redemption 1:1 for U.S. dollars on the Paxos platform and for trading against Bitcoin (BTC), Binance Coin (BNB) and Ripple’s XRP on Binance.com.

Silvergate Bank Plans to Offer Crypto Loans to Institutional Clients
August 19th, 2019

Silvergate Capital Corporation, which is the holding company of Silvergate Bank, announced that they are planning to offer cryptocurrency-based loans to institutional customers.

CME Group Altering Its Reference Rate for Ether Meaning They Might Be Getting Ready for Futures
July 6th, 2019

CME Group allegedly decided to make changes to its reference rate and index tied to Ethereum. Their sources say it could mean a future tied to the crypto is coming to its marketplace.

Binance Joins Forces with Paxos for a New Deposit Gateway
June 27th, 2019

Binance and Paxos have entered a collaboration to integrate a new deposit gateway on Binance.com. It will significantly facilitate fiat-to-PAX exchanging procedures.

EIB, Euroclear, Banco Santander and EY to Introduce Pilot for ECP Settlement
June 19th, 2019

Euroclear in cooperation with EIB, Santander and EY will push their blockchain-based platform for the issuance and settlement of European commercial paper to a pilot phase.

Bitfinex Under Scanner for Covering Up $850M Loss of Tether Reserves, Markets React
April 26th, 2019

The fresh allegations come from the New York Attorney General’s office that accuses Bitfinex of covering the massive loss by transferring funds from Tether reserves without informing the exchange’s customers.

Andreessen Horowitz-Backed Basis Stablecoin to Shut Down with $133M in Debts
December 13th, 2018

Basis, a stablecoin project, that raised $133 million this April, is shutting down its operation and returning money to investors.

Ten Industry’s Giants Join Forces for a New Code of Conduct Targeting Nascent Crypto Space
November 28th, 2018

Ten leading financial services and technology firms have launched the Association for Digital Asset Markets to develop a Code of Conduct for the industry.