Tag : Paxos

Paxos to Acquire Finnish E-Money Institution Membrane Finance
Blockchain Finance Fintech News

Paxos to Acquire Finnish E-Money Institution Membrane Finance

Somesh Utkar
by Somesh Utkar0
Will extend Paxos’ regulated platform into the EU and issue MiCA compliant stablecoins Paxos, the leading regulated blockchain and tokenization infrastructure platform, today announced it has agreed to acquire Membrane Finance (Membrane), an Electronic Money Institution (EMI) based and licensed in Finland. The acquisition is subject to regulatory approval. Upon......
True Markets Unveils TrueX, a Cutting-Edge, Stablecoin-Native Trading Platform; Secures $9 Million in Seed Funding
News Trading

True Markets Unveils TrueX, a Cutting-Edge, Stablecoin-Native Trading Platform; Secures $9 Million in Seed Funding

Business Wire
by Business Wire0
Founded by Former Coinbase, Circle, and Goldman Sachs Senior Leaders, First-of-its-Kind Crypto Exchange Launches with PayPal USD (PYUSD) as its preferred stablecoin Funding Round Includes Participation from RRE Ventures, Reciprocal Ventures, Paxos, Accomplice Blockchain, Hack VC, Solana Foundation, and Aptos TrueX, a non-custodial, stablecoin-native exchange representing the next evolution in......
Chainlink Introduces Digital Assets Sandbox: A Turnkey Solution for Accelerating Innovation in Capital Markets
Blockchain Finance Fintech News

Chainlink Introduces Digital Assets Sandbox: A Turnkey Solution for Accelerating Innovation in Capital Markets

PR Newswire
by PR Newswire0
This new sandbox enables financial institutions to conduct tokenization trials and collaborative PoCs within days, not months. Chainlink—the essential infrastructure for the tokenized asset economy—announced today the launch of the Chainlink Digital Assets Sandbox (DAS), designed to accelerate digital asset innovation within financial institutions. The Chainlink DAS is the ideal solution......
Paxos-Secures-Full-Approval-to-Offer-Digital-Payment-Token-Services-from-Monetary-Authority-of-Singapore;-DBS-to-be-Primary-Banking-Partner
Blockchain Digital Payments Finance Fintech News

Paxos Secures Full Approval to Offer Digital Payment Token Services from Monetary Authority of Singapore; DBS to be Primary Banking Partner

PR Newswire
by PR Newswire0
Paxos to issue a stablecoin that is substantively compliant with MAS’ upcoming stablecoin framework DBS selected as primary banking partner for cash management and custody of stablecoin reserves Paxos, the leading regulated blockchain & tokenization infrastructure platform, received full approval from the Monetary Authority of Singapore (MAS) for its Singapore entity, Paxos Digital Singapore Pte. Ltd. to offer digital payment......
Paxos Receives In Principle Approvals from the Financial Services Regulatory Authority to Issue Stablecoins and Conduct Digital Asset Services
Blockchain News

Paxos Receives In Principle Approvals from the Financial Services Regulatory Authority to Issue Stablecoins and Conduct Digital Asset Services

PR Newswire
by PR Newswire0
Paxos, the leading regulated blockchain & tokenization infrastructure platform, secured the in-principle approvals (IPAs) of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) for the necessary Financial Services Permissions to issue US dollar and other currency-backed stablecoins, as well as to offer crypto-brokerage and custody services......
Paxos Offers Brazilian & Latin American Enterprises Safe, Regulated Access to Digital Assets
Blockchain Digital Asset Management News

Paxos Offers Brazilian & Latin American Enterprises Safe, Regulated Access to Digital Assets

PR Newswire
by PR Newswire0
Paxos powers digital asset experience for millions of consumers using Mercado Pago, Nubank, PicPay Paxos, the regulated blockchain infrastructure and tokenization platform for enterprises, continues driving the growth of digital assets in Brazil and broader Latin America through its partnerships with leading local, regional, and global enterprises. Over the last 18 months, Paxos has seen......
Fierce Chooses Paxos to Power Digital Asset Buy, Sell & Hold Capabilities
Digital Asset Management News

Fierce Chooses Paxos to Power Digital Asset Buy, Sell & Hold Capabilities

PR Newswire
by PR Newswire0
Paxos, the regulated blockchain infrastructure platform for enterprises, and Fierce, the innovative financial super app that empowers individuals to leverage the best of fintech, have announced that Paxos will power Fierce’s new digital asset experience via the Fierce mobile application. This new functionality is open to all Fierce users. Paxos crypto brokerage......
Paxos Will Halt Minting New BUSD Tokens
Blockchain News

Paxos Will Halt Minting New BUSD Tokens

Fintech News Desk
by Fintech News Desk0
Existing Tokens Remain Fully-Backed and Redeemable Through Paxos Trust Company Through At Least February 2024 Paxos, the leading regulated blockchain and tokenization infrastructure platform, announced it will end its relationship with Binance for the branded stablecoin BUSD. Effective February 21, Paxos will cease issuance of new BUSD tokens as directed by and......
Paxos Leads Digital Asset Industry by Becoming First Issuer to Disclose Full Monthly Reserve Holdings Backing USDP and BUSD Regulated Stablecoins
Finance News

Paxos Leads Digital Asset Industry by Becoming First Issuer to Disclose Full Monthly Reserve Holdings Backing USDP and BUSD Regulated Stablecoins

Fintech News Desk
by Fintech News Desk0
Paxos will provide unprecedented level of disclosure for digital assets, consistent with federally required disclosures of the most conservative regulated products Paxos, the leading regulated blockchain infrastructure platform, has disclosed the specific financial instruments backing its regulated stablecoins USDP and BUSD. Moving forward, Paxos will provide these detailed disclosures on......
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