advertisement Crypto firm Paxos, which offers brokerage, custody and stablecoin services, has received in-principle approval from the Monetary Authority of Singapore (MAS). It makes Paxos the first cr...
Tag: Paxos
Singapore’s Central Bank provides payments license to crypto firm Paxos
Crypto and blockchain technology firm Paxos has received payments license from Singapore’s Central Bank It leverages technology to tokenize, trade and settle assets First of its kind to receive a gr...
Paxos Adds DeFi Tokens AAVE, UNI and LINK—and Square’s Lawyer
In brief Paxos, which handles PayPal’s crypto operations, is adding support for four new assets to its wallet tools. The company also added former Square lawyer Ben Gray. Paxos, which supplies s...
Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM
Mercado Libre, a publicly traded retail giant, based in Argentina has injected an undisclosed sum of money into two regional cryptocurrency-focused firms, Paxos and 2TM Group. According to the company...
Mercadolibre Gets Closer to Crypto With Investments in Paxos and Mercado Bitcoin – Bitcoin News
Mercadolibre, one of the biggest Latam-based unicorns, has announced strategic investments in two cryptocurrency exchanges: Paxos and Mercado Bitcoin. With these investments, the platform gets closer ...
Mercado invests an undisclosed amount in Paxos and 2TM
Mercado Libre, the leading e-commerce platform in Latin America, is investing more in crypto initiatives. The firm has announced the acquisition of shares from the 2TM Group. Additionally, it has inve...
Mercado Libre Made a Strategic Investment in Paxos and Mercado Bitcoin
The largest e-commerce firm in Latin America – Mercado Libre – acquired shares in the 2TM Group (a parent company of the cryptocurrency platform Mercado Bitcoin). Separately, it made a “strategic inve...
E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
“As a leading technology company, we are actively evaluating the various innovations and opportunities around this market as it evolves, aiming to be a core participant in this disruption. Digital ass...
Here’s why Paxos CEO thinks stablecoins will overtake Bitcoin as payment channel
When it was first envisioned over a decade back, Bitcoin was supposed to be a decentralized alternative to fiat currencies to transform existing financial systems. Much of that has changed along the w...