Paxos Prevails in SEC Investigation of BUSD Stablecoin and ...
Jul 11, 2024 · Paxos, the leading regulated blockchain & tokenization infrastructure platform, today announced that it received a formal termination notice from the SEC on July 9, 2024, stating that it will not recommend enforcement action against Paxos Trust Company in the investigation of Binance USD (BUSD).
Newsroom - Paxos
Jul 1, 2024 · Paxos is the leading regulated blockchain & tokenization infrastructure platform. It’s redefining financial markets by building prudentially regulated solutions that enable the instant movement of any asset to anyone in a trustworthy way.
Paxos facing SEC charges, ordered to stop minting Binance ...
Feb 13, 2023 · Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial regulator, Binance founder Changpeng Zhao said Monday.
Exclusive: NY financial regulator approves Paxos expansion to ...
Dec 22, 2023 · The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on January 17, 2024. With peers including Circle and...
Global Dollar Network and USDG: Reshaping the Future of ...
2 days ago · November 12, 2024. TL;DR: Paxos announced Global Dollar (USDG), a new US dollar-backed stablecoin, and Global Dollar Network (GDN), an innovative ecosystem designed to accelerate stablecoin adoption. USDG, which is substantively compliant with the Monetary Authority of Singapore’s (MAS) upcoming stablecoin framework, offers unparalleled ...
SEC drops key stablecoin investigation into Paxos in win for ...
Jul 11, 2024 · Now, a decision by the Securities and Exchange Commission to quietly end a probe into the New York stablecoin issuer Paxos suggests that, in most cases at least, the answer is no.
SEC Decides to Drop Investigation into Paxos - Yahoo Finance
Jul 12, 2024 · The U.S. Securities and Exchange Commission (SEC) has announced its decision to drop the investigation into stablecoin issuer Paxos, opting not to pursue an enforcement case.