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 ...

Paxos has settled with the New York Department of Financial Services. The company will pay a $26.5 million fine and invest ...

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

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

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

Paxos agrees to $48.5 million settlement with NYDFS over compliance failures in its Binance partnership, including inadequate ...

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

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

Paxos Trust agrees to a $48.5 million settlement with NYDFS for AML lapses and inadequate due diligence on Binance. The New York State Department of Financial Services (NYDFS) revealed on Thursday ...

Paxos will pay $48.5 million to settle with New York regulators over compliance failures and gaps in anti-money laundering ...

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