Tag: paxos

Nov 29 2021

Paxos to power crypto exchange function for Uruguay digital money app Prex

Paxos, a bitcoin & crypto exchange service company, announced today that Prex, a popular Uruguay-based digital money app with a prepaid card, will soon offer cryptocurrency buying, selling, and holding capabilities for their 700,000 Uruguayan users, and will be powered by Paxos Crypto Brokerage...

Nov 24 2021

U.S. Senate Banking Committee Throws Softball Questions To Stablecoins Issuers

Nov 24 2021 Published at Bitcoinist.com under tags  binance.us cbdc cbdcs centre circle

Stablecoins are in hot water in The States… or are they? The U.S. Senate Banking Committee sent letters to Circle, Tether Holdings Ltd., “Coinbase, Gemini, Paxos, TrustToken, Binance.US, and Centre.” What do these companies have in common? They all issue stablecoins pegged to the US Dollar. Is the US government doing a serious inquire this time? Probably not, judging by the questions they...

Sep 13 2021

Interactive Brokers integrates cryptocurrency trading via Paxos

Sep 13 2021 Published at CryptoNinjas under tags  crypto exchanges paxos

Interactive Brokers Group, a global brokerage firm, today announced the addition of crypto, clients can trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) via Paxos Trust Company. Through Paxos, IBKR clients will be able to trade cryptocurrency alongside other asset...

Aug 25 2021

Bitcoin’s Price Has Risen, But This Metric Hasn’t

August 25, 2021 / Unchained Daily / Laura Shin Daily Bits...

Aug 24 2021

Jul 30 2021

This Bill Looks “Very Bad” for Crypto

July 30, 2021 / Unchained Daily / Laura Shin Daily Bits...

Jul 20 2021

Jun 18 2021

US Broker Wedbush Joins Paxos’ Equities Settlement Network

It has become the first participant to opt for blockchain-based settlement.

Wedbush Joins Paxos’ Blockchain-based US Stock Settlement Platform

Jun 18 2021 Published at Blockonomi under tags  fintech paxos

Major financial firm Wedbush has joined the Paxos Settlement Service according to a recent press release. Wedbush offers its clients a range of financial services, and as a part of its business, clears stock transactions on US exchanges. The Paxos Settlement System makes clearing stock transactions much easier, and has already been adopted by other [...] The post Wedbush Joins Paxos' Blockchain-based US...

May 11 2021

Robinhood CEO Vlad Tenev and Paxos CEO Charles Cascarilla on How to Avoid Another GameStop

May 11 2021 Published at Unchained Podcast under tags  2021 amc blockchain crypto dtcc

In this discussion I moderated for Paxos, Robinhood CEO Vlad Tenev and Paxos CEO Charles Cascarilla discuss GameStop, the broken traditional financial infrastructure, and how blockchain technology may change the future of settlements. Show highlights: why Robinhood stopped trading on GameStop and AMC stock earlier this year...

Apr 29 2021

Blockchain and crypto services firm Paxos raises $300M in Series D funding

Apr 29 2021 Published at CryptoNinjas under tags  capital raising paxos

CryptoNinjas » Blockchain and crypto services firm Paxos raises $300M in Series D funding Paxos, a...

Paxos $300M Series D Fundraise Takes its Valuation to $2.4 billion

Paxos, the cryptocurrency exchange has raised another $300 million in a Series D...

Mar 02 2021

Ernst and Young Grants SOC 2 Type II Certification to Paxos

The certification covers Paxos’ custody, exchange and stablecoin product platforms.

Feb 23 2021

Paxos’s Chad Cascarilla: How Blockchain Tech Could Prevent Another GameStop/Robinhood

Feb 23 2021 Published at Unchained Podcast under tags  2021 banks bitcoin blockchain cbdc

In this episode of Unchained, Chad Cascarilla, CEO and cofounder of Paxos, explains how the 2008 financial crisis led him to crypto, what financial plumbing has to do with GameStop, and how Paxos is leveraging blockchain technology to change financial services. In this episode Chad discusses: his work experience prior to Paxos and...

Feb 03 2021

The Block Founder Mike Dudas Takes Stablecoin Role at Paxos

Feb 03 2021 Published at CoinDesk under tags  business paxos stablecoins

The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos' white-labeled stablecoin business.

Jan 25 2021

Stablecoins and Types of Stablecoins

Jan 25 2021 Published at Altcoin Buzz under tags  ampl crypto education dai dgx paxos

The demand for stablecoins has been constantly growing in the crypto ecosystem. If cryptocurrencies have to be used as mode of payment, price stability would be the most important parameter. This is where stablecoins like Tether come into picture. Stablecoins have been created to replicate the role of fiat currencies built on blockchain. Stablecoins derive their value from the underlying collateral. Depending on...

Jan 14 2021

Paxos adopts Chainlink oracles to further adoption of PAX and PAXG tokens

Jan 14 2021 Published at CryptoNinjas under tags  chainlink paxos strategic integration

Paxos, a crypto brokerage and infrastructure platform, today announced it is now working with Chainlink to leverage its market-leading decentralized oracle network. This will boost the adoption of the USD-backed stablecoin Paxos Standard (PAX) and the gold-backed token PAX Gold (PAXG) within the Decentralized Finance (DeFi) ecosystem—a parallel financial system built on the blockchain which allows users to permissionlessly buy and sell financial...

Paxos Makes Fresh Push for DeFi Market With New Oracle Integration

Jan 14 2021 Published at CoinDesk under tags  chainlink pax paxg paxos tech

Fresh off its partnership with PayPal, Paxos is making a new push into the decentralized finance market.

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