Paxos

April 15, 2024

PAXG hit new high on Middle East tensions, raising questions about Bitcoin

A gold-backed digital asset from Paxos spiked to an all-time high over the weekend amid a backdrop of rising tensions in the Middle East, leading to […]
April 08, 2024

PayPal stablecoin circulation dropped 38% in March – Paxos

In March, PayPal USD (PYUSD) — a stablecoin issued by PayPal and Paxos – experienced a significant drop in circulation, according to Paxos’ transparency report. PYUSD […]
December 22, 2023

Paxos gets NY green light to join Solana blockchain: Report

The New York Department of Financial Services (DFS) has approved Paxos’ expansion to the Solana blockchain.   Paxos, a stablecoin issuer, has recently gained approval from […]
September 14, 2023

Bitcoin miner mulls refunding 20 BTC reward to Paxos

Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead […]
February 14, 2023

Paxos ‘categorically disagrees’ with the SEC that BUSD is a security

Paxos said it will engage with the U.S. securities regulator on the matter and is prepared to “vigorously litigate if necessary.” Paxos Trust says it “strongly […]
February 13, 2023

Breaking: Paxos facing SEC lawsuit over Binance USD — Report

According to The Wall Street Journal, the notice relates to Binance USD, which the United States Securities and Exchange Commission is alleging is unregistered security.   […]

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