Paxos's dreams of a national banking charter died last week of extreme old age. The stablecoin issuer's application for a new bank charter, originally filed in December 2020, expired on March 31, ...
NEW YORK, Dec. 12, 2025 /PRNewswire/ -- Paxos, the leading blockchain infrastructure platform for innovative institutions and enterprises, today announced it has received approval to convert its New ...
Paxos has applied to convert its New York Department of Financial Services bank charter into a national trust charter under the supervision of the Office of the Comptroller of the Currency, the ...
In a renewed, high-stakes bid for federal legitimacy, PayPal's stablecoin issuer, Paxos Trust Company, applied on Monday for a national trust charter, escalating the regulatory race against rivals ...
(Reuters) -Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank in the U.S., joining a raft of digital asset companies looking ...
While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year. Paxos Trust Company — ...
Paxos Trust Company, the issuer of dollar-pegged stablecoins BUSD (BUSD-USD) and pax dollar (USDP-USD), is holding "constructive discussions" with the U.S. Securities and Exchange Commission about a ...
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