Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police ...

New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic ...

Stablecoin issuer Paxos Trust will pay a $26.5 million penalty to New York State to resolve charges related to its previous ...

Some of the charges stem from the stablecoin issuer’s relationship with Binance. The agreement includes a $22 million ...

New York's bank regulator says Paxos ignored obvious money-laundering red flags and lacked basic compliance controls, ...

Paxos Trust has agreed to pay a $48.5 million settlement to the New York Department of Financial Services (NYDFS), resolving ...

While Paxos Trust Co. agreed to pay the state of New York $26.5 million, it said the historic compliance issues have no ...

Paxos will pay $48.5M to resolve charges from New York’s financial regulator over its partnership with Binance & issuance of ...

The New York Department of Financial Services has reached a financial settlement with crypto company Paxos over its ...

Binance has partnered with BBVA for independent custody using U.S. Treasuries, seeking to restore trust after fines and the ...

Paxos has reached a $48.5 M NYDFS settlement after weak monitoring of flows linked to Binance, missing $1.6 B in risky ...

Paxos Trust reached a $48.5 million settlement to resolve New York charges it failed to conduct sufficient due diligence of its former partner Binance, and had systemic failures in its anti-money ...