Paxos Archives - FortuneZ

Paxos, Protego & Anchorage Face ‘Regulatory Volatility’ in US

May 20, 2021

American crypto-focused banks are facing a struggle to stay onside after a leading American lawmaker petitioned Michael Hsu, the new Acting Comptroller of the Office of the Comptroller of the Currency (OCC) t...

Tesla Stock Tokens Begin Trading On Binance

April 12, 2021

Cryptocurrency exchange Binance is allowing its users to buy fractions of companies’ shares with a new tokenized stock trading service, starting with Tesla. The crypto exchange announced Monday the launch of...

Paxos Raises $142M Series C After PayPal Agreement

December 17, 2020

Paxos raises $142M Series C after PayPal agreement. Paxos has raised a fresh $142 million to facilitate the mainstream adoption of digital assets. “We think that opportunity is now, our investors think i...

Paxos Seeks Permision To Become Fully-Regulated Crypto Bank

December 10, 2020

Paxos seeks permission to become fully-regulated crypto bank. Stablecoin founder and crypto service provider Paxos filed an application to open a national bank on Wednesday. If approved, the pioneering Paxos ...

Binance Integrates Paxos’ Gateway to Ease Stablecoin Deposits

June 27, 2019

Binance, one of the largest global crypto exchange, has partnered with digital asset trust company Paxos to integrate a new fiat deposit gateway on its primary trading platform. According to the June 26 anno...

Binance Expands Stablecoin Options, Lists PAX as Base Currency

November 29, 2018

Binance, the world’s largest cryptocurrency exchange by traded value, continues to expand stablecoin options for its clients, this time listing PAX tokens, which is a cryptocurrency pegged to the US Dollar. T...

Xapo and Paxos Receive Virtual Currency Licenses from New York Regulator

June 14, 2018

One of the pioneers in secure cryptocurrency payments, Xapo, has been granted a virtual currency license by the New York Department of Financial Services. The company which is aiming to bridge the gap between...