Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police ...

By Hannah Lang (Reuters) -Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to ...

The crypto firm’s renewed application for a national trust charter comes shortly after being fined by the NYDFS, connected to ...

New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic ...

Paxos Trust has agreed to pay a $48.5 million settlement to the New York Department of Financial Services (NYDFS), resolving ...

Last week, New York State Department of Financial Services (NYDFS) left no doubt that it will continue to actively regulate cryptocurrency despite ...

While Paxos Trust Co. agreed to pay the state of New York $26.5 million, it said the historic compliance issues have no ...

Paxos seeks national bank charter to expand operations nationwide as regulatory clarity emerges with the GENIUS Act, ...

Some of the charges stem from the stablecoin issuer’s relationship with Binance. The agreement includes a $22 million ...

Stablecoin issuer Paxos Trust will pay a $26.5 million penalty to New York State to resolve charges related to its previous ...

Paxos will pay $48.5M to resolve charges from New York’s financial regulator over its partnership with Binance & issuance of ...

Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, has applied to become a national trust bank in the ...