Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank ...

The stablecoin issuer seeks to convert its New York Department of Financial Services license to federal oversight ...

Paxos has joined the list of firms seeking a national trust charter, with the stablecoin issuer following Circle and Ripple ...

Paxos has applied to convert its New York Department of Financial Services bank charter into a national trust charter under ...

Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, has applied to become a national trust bank in the ...

Paxos Trust Company applies for a US trust bank license, aiming for greater oversight amid regulatory actions and stablecoin ...

Paxos, the blockchain infrastructure firm, has recently announced its strategic decision not to pursue a de novo bank license ...

Paxos applied for a US national trust bank charter, seeking federal regulatory oversight from OCC as it expands its digital ...

Paxos filed an application to convert its New York Department of Financial Services (NYDFS) trust charter into a national trust charter.

Paxos, issuer of PayPal’s PYUSD stablecoin, has filed for a US national trust bank charter to replace its New York license, renewing an effort that stalled in 2023.

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

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