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paxos

Policy

Paxos Ordered by US Officials to Freeze $19M in Crypto Tied to FTX

Federal law enforcement asked the crypto issuer to freeze assets associated with four ether addresses as investigations into FTX collapse intensify.

By Sandali Handagama

Nov 14, 2022 at 3:20 p.m. UTC

Nov 14, 2022

regulationsFTXPaxosSam Bankman-FriedUS Department of Justice

CDCROP: Singapore cityscape worm eye view (Shutterstock)

Business

Paxos

Stablecoin Issuer Paxos Plans to Hire at Least 130 in Singapore: Report

Co-founder Rich Teo told Bloomberg the firm is planning a three-year expansion built around Singapore as its hub for growth outside the U.S

By Jamie Crawley

Nov 7, 2022 at 9:57 a.m. UTC

Nov 7, 2022

PaxosSingaporeHires

CDCROP: Circle Chief Strategy Officer Dante Disparte (left) and Chief Executive Officer Jeremy Allaire (Nikhilesh De/CoinDesk)

Policy

Regulations

Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products

Circle received its approval shortly after fellow stablecoin issuer Paxos received its own license.

By Nikhilesh De

Nov 2, 2022 at 2:00 a.m. UTC

Nov 2, 2022

regulationsStablecoinsCirclePaxosMASSingapore

Policy

Regulations

Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator

Paxos is the latest company to secure a license in Singapore, allowing it to offer blockchain or crypto services to local businesses.

By Nikhilesh De

Nov 2, 2022 at 12:00 a.m. UTC

Nov 2, 2022

regulationsPaxosStablecoinsSingaporeMAS

Business

Mastercard

Mastercard Joins With Paxos to Help Banks Offer Crypto Trading

The payments giant will verify transactions and help banks follow compliance rules

By Parikshit Mishra

Oct 17, 2022 at 11:23 a.m. UTC

Oct 17, 2022

MastercardCryptoPaxosbanks

CDCROP: South America close up on globe (Shutterstock)

Policy

Paxos

Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos

Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study.

By Xinyi Luo

Sep 13, 2022 at 1:00 p.m. UTC

Sep 13, 2022

PaxosStablecoinsBrazil

Business

Paypal

PayPal Ups Crypto Push: Users Can Now Move Coins to Other Wallets and Exchanges

PayPal crypto chief Jose Fernandez da Ponte said plans to let users move their crypto holdings to third-party wallets have been in the works since 2021.

By Ian Allison

Jun 7, 2022 at 3:26 p.m. UTC

Jun 7, 2022

PayPalPaxosTransactionsWallets

Business

Paxos

Paxos Adds Financial Adviser Crypto Trading to Brokerage Platform

While just 15% of financial advisers are allocating crypto in customer accounts, 94% have received crypto-related questions from clients, said Paxos, citing recent survey data.

By Michael Bellusci

Jun 7, 2022 at 1:00 p.m. UTC

Jun 7, 2022

PaxosFinancial AdvisorsBroker-DealersCrypto Trading