Stablecoin issuer Paxos said early Monday it will cease creating new units for the $16 billion Binance Stablecoin (BUSD) at the direction of its state regulator, the New York Department of Financial ...
Paxos, the issuer of stablecoins such as PayPal USD (PYUSD) and Pax Dollar (USDP), has confirmed responsibility for the recent incident involving a $500,000 overpayment in Bitcoin fees. Initially, it ...
Stablecoin issuer firm Paxos has applied for a national bank trust charter with the Office of the Comptroller of the Currency (OCC), making it the latest U.S. stablecoin company to seek federal ...
While Paxos Trust Co. agreed to pay the state of New York $26.5 million, it said the historic compliance issues have no impact on current customer accounts. New York-based blockchain infrastructure ...
NEW YORK, Nov. 25, 2025 /PRNewswire/ -- Paxos, the leading regulated blockchain infrastructure platform, today announced it has acquired Fordefi, an institutional-grade custody and wallet technology ...
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