3 hours ago
New York Regulator Secures $48.5M Settlement From Paxos Over Binance Dealings
After failing to detect $1.6 B in suspect activity tied to Binance, Paxos has concluded a $48.5 M settlement with NYDFS that inclu...
5 hours ago
NYDFS Fines Stablecoin Issuer Paxos $26.5M for Compliance Failures Tied to Binan...
In addition to the fine, Paxos agreed to invest another $22 million into beefing up its compliance program.