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Nalezeno "Paxos": 222

PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion

15.4.2024
PAXG Reaches All-Time High over the weekend due to the rising tension in the Middle East, leading to questions about Bitcoin’s value as a geopolitical hedge. The post PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion appeared first on Cryptonews

PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos

8.4.2024
According to Paxos' most recent transparency report on PayPal USD, the circulation of PYUSD in March totaled $188.5 million, marking a 39% decrease compared to the previous month. The post PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos appeared first on Cryptonews

PYUSD’s 30-Day Surge of 72% Vaults Paypal’s Offering Into USD Stablecoin Top Ten

11.1.2024
Over the last month, the supply of Paypal’s PYUSD stablecoin has seen a substantial increase, surging by over 72% from 167.83 million to 289.43 million PYUSD. This significant growth has propelled the payment behemoth’s dollar-linked digital currency to become the tenth largest among...

Paxos Secures In Principle Approvals for Stablecoin Issuance and Crypto Services in Abu Dhabi

30.11.2023
Paxos, a provider of blockchain and tokenization infrastructure, has recently received preliminary approvals from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi. The company stated that these endorsements are crucial steps for Paxos, enabling it to issue stablecoins pegged to...

Binance Will Cease Support for Its BUSD Stablecoin on Dec. 15

29.11.2023
Binance said it will end support for its BUSD stablecoin on Dec. 15, following the exchange's August announcement that it would “gradually” do so after Paxos, the company that actually issued it, was ordered to stop minting the coin in February

Paxos receives in-principle approval to issue stablecoins in Abu Dhabi

29.11.2023
The approval followed a similar move by regulators in Singapore, where Paxos said its local entity would launch a U.S. dollar-backed stablecoin

Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator

16.11.2023
Source: Paxos Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity. With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos...

Paxos to issue USD stablecoin in Singapore, wins initial approval

16.11.2023
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval

Stablecoin Issuer Paxos Plans New U.S. Dollar-Backed Token for Singapore Operations

16.11.2023
Paxos, a cryptocurrency brokerage firm, has received a preliminary license from regulators to offer digital payment token services in Singapore, the company said Wednesday in a statement

Paypal Faces SEC Scrutiny Over New Stablecoin PYUSD, Cooperates With Document Production Request

2.11.2023
After releasing its new stablecoin PYUSD, the payments giant Paypal disclosed that the U.S. Securities and Exchange Commission (SEC) subpoenaed the company concerning the stablecoin. Paypal stated in its Form 10-Q for the third fiscal quarter that it had been asked to produce documents for the...

Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin

30.9.2023
Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already listed the coin and provides liquidity for...

Crypto.com, PayPal and Paxos Partner for PayPal USD Integration – Here's What You Need to Know

28.9.2023
Payments and cryptocurrency exchange Crypto.com is integrating PayPal USD (PYUSD) establishing it as a ‘preferred’ exchange for the stablecoin. The exchange announced Thursday, a partnership with payments giant PayPal and blockchain infrastructure company Paxos to further “the global adoption...

Crypto.com to become preferred exchange for PayPal USD

28.9.2023
PayPal launched its U.S. dollar-backed, Ethereum-built stablecoin in August 2023

Bitcoin Miner Returns 19.8 BTC in Fees After Paxos Claims Payment Mistake

16.9.2023
According to an X post, a cryptocurrency mining pool, F2Pool, has returned the mistakenly transferred transaction fee of 19.8 BTC made by Paxos, a Financial infrastructure firm. It started on September 10, when a transaction fee of $510,000 was paid to a miner on block 807,057 for a transaction...

Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia

15.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

15.9.2023
Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week

$500,000 Bitcoin Fee Blunder: Paxos Revealed as Responsible Party

14.9.2023
The US-based crypto service provider Paxos has been revealed as the party responsible for massively overpaying fees on a recent Bitcoin transaction. The transaction, made on September 10 at 5.10 PM UTC, was for a payment of only $200 worth of BTC, but amazingly came with a transaction fee...