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Bitcoin, Equities Markets Rally on Signs of Hope
6.4.2020
"Looks like we're piggy-backing on equities with some data possibly indicating virus peaking," says a trader of bitcoin's 5 percent jump Monday
Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand
26.3.2020
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult
Retail Investors Can Now Use Paxos Gold as Collateral Against Loans
25.3.2020
The Nexo platform now allows retail investors to use Paxos Gold tokens as loan collateral
PAX Gold Can Now Be Traded Against Swiss Franc and British Pound
20.3.2020
PAX Gold gets first-ever listing against the Swiss franc and the British pound on Switzerland-based exchange Smart Valor
Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc
16.3.2020
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...
Binance Stablecoin BUSD Tops $100M but Lags Behind Rivals
11.3.2020
Binance USD, a U.S. dollar-backed stablecoin, has surpassed $100 million in market capitalization, chipping away at a market still dominated by Tether's TUSD
Binance Dollar Exceeds $100 Million Cap ‒ 400% Growth
11.3.2020
The market cap for the Binance Dollar now exceeds $100 million making it the sixth biggest stable coin by market cap
Blockchain.Com Now Offers Crypto Lending Service to All Users
10.3.2020
Blockchain.com now allows retail users to borrow Paxos Standard stablecoin against Bitcoin
Lesser-Known Exchange Inflates Paxos Standard Daily Trading Volume to Record Highs
3.3.2020
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data
Coronavirus Is Changing How Crypto Markets Are Trading
28.2.2020
Cryptocurrency traders are contending with volatile markets due to the coronavirus)
Paxos’ DLT Settlement Platform Is Live With Credit Suisse and Instinet
20.2.2020
Paxos rolls out its blockchain-based settlement platform with Swiss financial services firm Credit Suisse and Nomura Group-owned Instinet
Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities
20.2.2020
The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm's own private version of ethereum
Another Crypto Exchange Discourages the Use of Bitcoin Mixing Services
30.1.2020
The cryptocurrency exchange Binance was recently scrutinized for flagging a customer’s funds because the individual had used a bitcoin mixing application. Now the platform Paxos Global is discouraging the use of crypto mixers after a customer allegedly sent coins to a mixing service. Also...
Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins
21.1.2020
Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits
Paxos’ Tokenized Gold Futures Are Now Trading on FTX Exchange
14.1.2020
For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX
Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
16.12.2019
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other...
NY Regulator Proposes Relaxing New Coin Listing Requirements
12.12.2019
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...
Venture Capitalists Have Invested Over $200M in Stablecoins
6.12.2019
Does the world need more stablecoins? Yes according to VCs, who have thrown hundreds of millions of dollars at projects developing stable or low volatility digital assets. The $45 million committed in 2019 takes the past two years of VC investment to over $200M. Also read: RBI Governor Discusses...
Paxos Debuts Fiat Gateway With Binance Crypto Exchange as Its First Client
12.11.2019
Major cryptocurrency exchange Binance has integrated Paxos’ newly released Fiat Gateway
Binance Exchange Is First Client for Paxos’ New Dollar Gateway
12.11.2019
The regulated firm is opening up its stablecoin-to-USD swaps facility to third parties, starting with Binance