Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank’s customers to buy, sell and store cryptocurrencies directly through
Category: Paxos
Paxos secures approval from Singapore’s financial regulatorPaxos secures approval from Singapore’s financial regulator
The Monetary Authority of Singapore, or MAS, has granted stablecoin issuer Paxos regulatory approval to offer crypto services to local companies. In a Thursday announcement, Paxos said it had received
Crypto in the House: Execs on the march, US partisan politics and Web3Crypto in the House: Execs on the march, US partisan politics and Web3
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill.
Senators pressure Facebook to ‘immediately discontinue’ Novi wallet pilotSenators pressure Facebook to ‘immediately discontinue’ Novi wallet pilot
Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot.
Facebook pilots Novi crypto wallet with Coinbase, PaxosFacebook pilots Novi crypto wallet with Coinbase, Paxos
The social media giant still intends to launch Novi along with its Diem payment network once regulatory approval is granted.
FTX customer seeks help after mistaken deposit allegedly results in $1M in feesFTX customer seeks help after mistaken deposit allegedly results in $1M in fees
DeFi blog Rekt claims that FTX failed to adhere to its own terms and conditions by imposing the fee.
Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?Which stablecoins were actually ‘stable’ during this week’s sudden Bitcoin price crash?
Crypto traders flocked to the safety of stablecoins during the Sept. 7 market crash.
Paxos Standard Presents Assets Backing Its StablecoinsPaxos Standard Presents Assets Backing Its Stablecoins
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and
Tether promises an audit in ‘months’ as Paxos claims USDT is not a real stablecoinTether promises an audit in ‘months’ as Paxos claims USDT is not a real stablecoin
Tether’s general counsel said a full audit is coming in months.
Mastercard Enhancing Program for Cryptocurrency Wallets and ExchangesMastercard Enhancing Program for Cryptocurrency Wallets and Exchanges
Payments giant Mastercard has announced that its crypto card program is being enhanced for cryptocurrency wallets and exchanges. The company said, “Making the process simpler will allow more banks and