Tag: paxos

Tether Faces Regulatory Scrutiny Over Commercial Paper Reserves

The Acting Comptroller of the Currency, Michael Hsu, wants to take a deeper look into Tether’s reserves, especially those that are not cash equivalents. What...

After Years Of Criticism, Tether Finally Promises An Audit

Tether (USDT) has announced that it will conduct an official and independent audit of its stablecoin reserves. https://twitter.com/bitcoinlawyer/status/1417912456089853954 Let’s just get our Balances straight As a centralized...

Paxos Files An Application To Become A National Bank

Crypto service provider, Paxos, recently revealed that it applied for a banking license. Paxos, which already holds New York's BitLicense, now aims to...

PayPal Might Finally Join The Crypto Industry

PayPal has made a move that will allow it to facilitate crypto trading. The payments giant teamed up with Paxos, and will use...
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