Paxos says it is the first so-called blockchain-native firm to win SEC clearing agency registration, opening the door for ...
Paxos gets SEC clearing agency approval for PSSC, allowing blockchain-based clearing and settlement for eligible US securities trades.
Paxos Securities Settlement Company becomes the first blockchain-native firm to receive SEC clearing agency registration in the US.
Paxos has become the first blockchain-native firm to be approved by US regulators to provide clearing and settlement services by the SEC.
SEC approves Paxos to clear and settle U.S. stocks on blockchain, opening the door to faster settlement and tokenized finance adoption.
The approval makes Paxos the “only blockchain-native firm” approved by the SEC to operate as a registered clearing agency in the U.S.
Paxos accidentally minted 300 trillion PayPal USD (PYUSD) tokens before burning them minutes later.