Paxos releases first PYUSD transparency report: all transactions are overcollateralized

Paxos Expands Stablecoin Reach to Solana

Paxos, expanding to Solana, faces regulatory challenges while growing partnerships and market presence.

Major Payments Platform PayPal Joins Crypto Payments Wave with Stablecoin PYUSD

PayPal’s launch of stablecoin PYUSD positions them as a trailblazer, marking the initial instance of a prominent fintech entity embracing the potential of cryptocurrencies for the facilitation of financial transactions.

Paxos in ‘Constructive Talks’ With SEC Following Enforcement Action on BUSD

New York-based crypto company Paxos Trust Company is in "constructive talks" with the U.S. SEC following enforcement actions surrounding stablecoin Binance USD (BUSD).

Paxos Is Holding 'Constructive Discussions' With SEC

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours

The BUSD supply decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure.

BNB Token Plunges as Binance, Paxos Shutter BUSD Stablecoin Product

The recent regulatory action against Paxos and Binance over the partnership's dollar-pegged stablecoin has spooked investors.

Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange

Binance has endured some $831 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November.

CZ issues response to SEC vs. Paxos lawsuit

CZ doubled down on his belief that BUSD should not be subject to US securities law and that that the exchange will continue to support BUSD.

Paxos Ordered by U.S. Officials to Freeze $19M in Crypto Tied to FTX

Federal law enforcement asked the crypto issuer to freeze assets associated with four ethereum addresses as investigations into FTX collapse intensify.

PicPay Has Launched A Crypto Exchange In Collaboration With Paxos

Brazil's prominent payment app PicPay has decided to venture into the world of cryptocurrencies by teaming up with crypto exchange ...