Paxos

Robot swimming in stablecoins.
Stablecoins
Paxos Targets EU Stablecoin Market with Membrane Finance Acquisition

Paxos eyes an acquisition in Finland as part of its strategy to obtain authorization to operate in Europe.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A hand with dollars reaching out from a galaxy.
Solana (SOL)
Paxos Receives Nod to Launch New Stablecoin on Solana

After shutting down BUSD, Paxos is back with another stablecoin, USDP.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Abu Dhabi being energized by a huge Paxos logo on the sky.
Stablecoins
Paxos Diversifies from BUSD with New Abu Dhabi Stablecoin

The stablecoin issuer has obtained approvals to offer regulated crypto-brokerage and custody services within the region.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Large hand from above gives a bag full of money to guy.
Bitcoin (BTC)
F2pool Returns Paxos’ Overpaid $500K BTC Fee, Defying Poll

F2Pool returned Paxos' 19.8 BTC, overruling a community vote.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Young woman is very happy about money being returned by a well dressed man.
Bitcoin (BTC)
F2Pool Debates $500K BTC Fee Return as Paxos Confirms Error

Paxos' hopes of recouping a $500k fee paid for a single Bitcoin transaction rests on the outcome of a community
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Two brothers BUSD are not happy with the news.
Binance News
Binance Delists Multiple Trading Pairs: Here’s What You Need to Do

Binance phases out multiple trading pairs and faces regulatory challenges with BUSDA. Here’s what you need to know.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Man Holding a BUSD coin and its disappearing into thin air.
Binance News
The End of BUSD on Binance: What Holders Need to Know

Learn what Binance's decision to phase out BUSD means for you and how to navigate the changes effectively.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A busy person sitting at their desk using a laptop and cellphone with a confused look on their face, while a large hand with a finger gun gesture points towards him.
Binance News
Paxos-BUSD Dispute Triggers Large-Scale Withdrawals from Binance

BUSD increases on CEXes, Paxos experiences burn of over 400 million BUSD coins. The Stablecoin market drops to $15.8 billion.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Binance CEO CZ in hellfire, as a person is running away. A large skull with Binance logo is in the background.
Binance News
CZ Downplays Links to BUSD: But 90% of BUSD Is on Binance

The Binance CEO stressed that Paxos, not Binance, issued BUSD.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
People falling from the sky with the main person wearing shirt with the Binance logo
Regulations
BUSD Peg Buckles Under SEC Pressure – BNB Drops 5%

Binance USD (BUSD) fell to $0.9950. This drop in value comes amid increased regulatory scrutiny of the digital asset
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Man sitting disappointed surrounded by BUSD tokens.
SEC
SEC to Sue Paxos Over BUSD, Ordered to Stop Issuance

Paxos has been ordered to stop issuing BUSD by the SEC and NYDFS over claims of it being unregistered security.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Charles Cascarilla being questioned by New York police
Stablecoins
New York Regulators Launch Investigation into Stablecoin Issuer Paxos

New York regulators are investigating Paxos, but the stablecoin issuer has debunked claims of its license being withdrawn.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Submitted in Australia Bill to regulate stablecoins and the digital yuan
Coinbase News
Stablecoin Issuer Paxos Obtains Institutional License In Singapore As The First US-Based Blockchain Company

As a result of the license, Paxos can to offer blockchain and digital asset products and services to Singaporean businesses.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp

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