Paxos Cuts 20% of Workforce, Shifts Focus to Tokenization and Stablecoins
TL;DR Paxos lays off 20% of its staff, approximately 65 employees. The company will focus on tokenization and stablecoins. Paxos has a strong financial position...
Tag : Paxos
Coinbase, Paxos, Others Disclose Funds Tied to Signature Bank
American cryptocurrency exchange Coinbase, Binance United States dollar-backed stablecoin (BUSD) issuer Paxos and defunct crypto lender Celsius Network have all revealed their exposure to Signature...
US SEC Likely to Charge Paxos For Listing Unregistered Securities
Paxos, the operator of Binance-backed stablecoin BUSD may be charged by the United States regulator Securities and Exchange Commission (SEC) for listing the token which...
Stablecoin Issuer Paxos Under Investigations by US Regulators
In a recent spate of regulatory scrutiny hitting the crypto industry, Paxos, the operator of the Binance-backed stablecoin is now being investigated by U.S regulators....
