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Paxos
Mastercard Joins With Paxos to Help Banks Offer Crypto Trading
The payments giant will verify transactions and help banks follow compliance rules
Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos
Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study.
Circle CEO Expects USDC to Benefit From Binance's Auto-Converting
Beginning late September, USD coin (USDC), Paxos dollar (USDP) and trueUSD (TUSD) will no longer be traded at Binance, and deposits will automatically be converted to Binance USD (BUSD). Circle CEO Jeremy Allaire expects USDC to benefit from getting booted. "The Hash" hosts discuss what this means for the global stablecoin markets.
PayPal Ups Crypto Push: Users Can Now Move Coins to Other Wallets and Exchanges
PayPal crypto chief Jose Fernandez da Ponte said plans to let users move their crypto holdings to third-party wallets have been in the works since 2021.
Paxos Adds Financial Adviser Crypto Trading to Brokerage Platform
While just 15% of financial advisers are allocating crypto in customer accounts, 94% have received crypto-related questions from clients, said Paxos, citing recent survey data.
Coinbase-Led Travel Rule Group Grows Members, Expands to Canada and Singapore
The original group of founding crypto blue chips has now swollen to over 30, including heavyweights like Binance US, Circle, Robinhood and Paxos.
Paxos Exec on the Future for Stablecoins in Aftermath of UST's Collapse
UST's $14 billion collapse has sent ripples across the stablecoin market and wider crypto industry. Mike Coscetta, chief revenue officer at stablecoin developer and issuer Paxos, discusses what makes the Pax Dollar (USDP) different and shares his take on the risks of algorithmic stablecoins and what the future holds for DeFi. Plus, insights into partnering with Brazil's largest digital bank Nubank to launch BTC and ETH trading in the country.
Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
The trading and custody service is being provided by blockchain infrastructure company Paxos.
Israel's Bank Leumi to Offer Crypto Trading
The bank is working with New York-based custody and trading platform Paxos to bring the service to customers.
Paxos Wins Regulatory Approval From Monetary Authority of Singapore
The custodian and trading services provider is the first crypto firm to gain a regulatory thumbs up in both New York and Singapore.