Paxos

Rumor: Paxos Set To Exit Canadian Market On May 9th

Paxos has been reported that it will no longer serve customers in Canada. The company said it would disable Canadian…

2 years ago

Paxos’s Application For A New Bank Charter Expired On March 31

Paxos' first application for a new bank charter, submitted in December 2020, expired on March 31.

2 years ago

Paxos Proves Its Worth: Safely Redeems $7.9B BUSD without Market Turbulence

Paxos, a leading regulated blockchain and tokenization infrastructure platform, has successfully redeemed over $7.9 billion worth of Binance USD (BUSD)…

2 years ago

How Is Signature Bank Enjoying The Advantage When Silvergate’s Rival Collapses?

At a time when SilverGate was in crisis and stopped operating suddenly after a series of clearly indicated financial risks,…

2 years ago

Paxos Shields From Silvergate And SEN Network Failures

Paxos recently made an announcement on Twitter regarding its relationship with Silvergate, a prominent cryptocurrency bank.

2 years ago

Silvergate Loses More Partners Mid Crisis

Key points: Many big names in the crypto space in the United States have announced they are severing ties or…

2 years ago

Coinbase Will Pause BUSD Trading On March 13 Amid Regulatory Suppression

Key Points: Cryptocurrency exchange Coinbase has announced it will suspend trading and delist the stablecoin asset BUSD managed by Paxos.…

2 years ago

The Proposal To Freeze BUSD On Aave V2 Received Unanimous Approval

Key Points: The governance page reveals that on February 26 the Aave community's motion to "freeze BUSD on Aave V2"…

2 years ago

Paxos Confirms Binance USD Of Security Concerns In Groundbreaking Tests

Key Points: After the two tests, Paxos concluded that BUSD does not meet the criteria to be considered a security.…

2 years ago

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