Paxos Applauds New York Department of Financial Services on New Guidance on the Issuance of U.S. Dollar-Backed Stablecoins
Paxos was the first Limited Purpose Chartered Trust for Digital Assets from NYDFS in 2015 Paxos, the leading regulated blockchain infrastructure platform, issued the following statement from its CEO and Co-Founder Charles Cascarilla in response to the New York State Department of Financial Services’ (“DFS”) new Regulatory Guidance, setting foundational criteria for USD-backed stablecoins: Latest......