Key Points: Following enforcement steps this month against Kraken and Paxos, Coinbase CEO Brian Armstrong said he was in Washington…
Key Points: Binance says it’s been told Paxos to halt minting new BUSD. Paxos will maintain the product, oversee redemptions,…
Key Points: According to the Wall Street Journal, citing unidentified sources, the SEC intends to sue Paxos for listing the…
Key Points: Paxos has offered to pay a fee to DeFi giant MakerDAO to hold $1.5 billion in stablecoin USDP…
Key Points: 11,184 Paxos Gold (PAXG) tokens worth $20 million which were taken during the FTX hack, have been returned…
Recorded About 58.17 Million BUSD was transferred from Binance to Paxos vault and subsequently destroyed. Binance also confirms Paxos as…
Since its first-day launch in September 2019, the stablecoin BUSD has been believed to be safer than any other cryptocurrencies.…
After the FTX collapse, the company was no longer able to access any financial data through Plaid, while the crypto…
Paxos said on Saturday that U.S. federal authorities had ordered the company to freeze $19 million in bitcoin linked to…
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