Paxos

34 results about this entity

Period: 28 Jul 2017 - 01 Aug 2025

/crypto

PayPal to support cryptocurrencies across its consumer and merchant network

PayPal has been granted a first of its kind conditional Bitlicense by the New York State Department of Financial Services and will begin enabling its 346 million users to to buy, hold and sell cryptocurrency directly from their PayPal account from early next year.

Credit Suisse and Instinet first to settle US equities on Paxos blockchain

Credit Suisse and Instinet have begun settling US securities on a bockchain-based post-trade platform supplied by Paxos.

Paxos releases fiat gateway offering and APIs

Paxos Trust Company, the regulated financial institution that digitizes and mobilizes assets, today introduced new solutions that businesses can utilize to bridge between traditional and digital assets.

Credit Suisse and SocGen first up for Paxos Settlement Service

Post-trade blockchain startup Paxos has been given the go-ahead from the Securities and Exchange Commission to process transactions in the US equities market.

/regulation

NYDFS approves Paxos gold-backed virtual currency

Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has authorized Paxos Trust Company LLC to offer a gold-backed virtual currency, the first such virtual currency authorized by DFS, as well as BUSD, a virtual currency pegged to the U.S. dollar.

Paxos launches stablecoin

Blockchain startup Paxos has secured approval from New York regulators to launch a US dollar-pegged stablecoin

INTL FCStone taps Paxos to automate precious metals trade confirmations

The precious metals division at the London unit of INTL FCStone has started using technology from startup Paxos to automate trade confirmations.

CLS invests $5 million in R3; Paxos scores $65 million funding round

Blockchain consortium R3 has banked a $5 million investment from FX risk platform CLS.

Paxos Bankchcain authorised in New York

Financial Services Superintendent Maria T. Vullo today announced that the Department of Financial Services has authorized Paxos Trust Company LLC, formerly known as itBit Trust Company, to offer a permissioned, blockchain-based post-trade platform settlement service called Bankchain, and has granted a virtual currency license to Genesis Global Trading, Inc.

Euroclear backs away from gold bullion blockchain project

Euroclear has walked away from a blockchain partnership with Paxos for the London gold bullion market that was set to go into live production later this year.