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 ...
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 ...
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Paxos Trust Company LLC has acquired Fordefi Inc., a startup with a crypto wallet platform used by more than 200 institutional investors. Fortune reported on Tuesday that the deal is worth more than ...