Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank ...

Paxos received a non-objecton certificate (NOC) from the New York State Department of Financial Services for the issuance of ...

The crypto firm’s renewed application for a national trust charter comes shortly after being fined by the NYDFS, connected to ...

Some of the charges stem from the stablecoin issuer’s relationship with Binance. The agreement includes a $22 million ...

New York's bank regulator says Paxos ignored obvious money-laundering red flags and lacked basic compliance controls, ...

Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, has applied to become a national trust bank in the ...

While Paxos Trust Co. agreed to pay the state of New York $26.5 million, it said the historic compliance issues have no ...

Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police ...

New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic ...

Paxos Trust has agreed to pay a $48.5 million settlement to the New York Department of Financial Services (NYDFS), resolving ...

Paxos joins Circle and Ripple to apply for a US banking charter. The company issues stablecoins for clients, including PayPal ...

Paxos seeks national bank charter to expand operations nationwide as regulatory clarity emerges with the GENIUS Act, ...