New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic ...

Some of the charges stem from the stablecoin issuer’s relationship with Binance. The agreement includes a $22 million ...

Paxos seeks national bank charter to expand operations nationwide as regulatory clarity emerges with the GENIUS Act, ...

While Paxos Trust Co. agreed to pay the state of New York $26.5 million, it said the historic compliance issues have no ...

Paxos seeks a U.S. bank license, joining Ripple and Circle in aiming for federal oversight to boost trust and crypto ...

The crypto firm’s renewed application for a national trust charter comes shortly after being fined by the NYDFS, connected to ...

Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank ...

The crypto-focused firm's OCC trust bid would shift supervision from New York to Washington at a time when regulators are ...

Paxos has applied to convert its New York Department of Financial Services bank charter into a national trust charter under ...

Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, has applied to become a national trust bank in the ...

Paxos Trust Company’s administration of Binance’s stablecoin left it open to use by bad actors, the New York Department of Financial Services told Reuters on Monday.

FIX updates MMT, a Finnish datacenter hangs in the balance, and partnerships galore in this week’s news roundup.