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Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter


Stablecoin issuer and crypto services firm Paxos has filed to become a federally-regulated bank in the U.S. According to a public document released Wednesday and dated Dec. 8, Paxos is seeking to create the Paxos National Trust, filing an application with the Office of the Comptroller of...

US Representatives Add Digital Currencies to the 2021 Defense Bill


The United States government is preparing to pass the 2021 National Defense Authorization Act (NDAA) and the latest bill includes a broad definition of currencies and includes “digital currencies.” However, after more than 50 NDAA bills passed, President Donald Trump plans to veto...

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