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Paxos International to issue regulated interest-paying stablecoin

Paxos International is launching the Lift Dollar (USDL), an interest-bearing stablecoin regulated by the Abu Dhabi Global Market.

United arab emiratesUnited kingdomAbu dhabiAbuz abyHong kongUnited statesFinancial services regulatory authorityEuropean unionYork department of financial servicesExchange commissionPaxos internationalLift dollarAbu dhabi global marketServices regulatoryYork based paxosPax dollar

Malekan: America Is Losing On Crypto

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

United statesBitcoin etfsYork department of financial servicesYork based paxosNew york departmentFinancial servicesMid eastWall street

US regulatory curbs spark $900 million slump in Binance-branded stablecoin BUSD

Investors often park funds in stablecoins as they move between crypto trades

New yorkUnited statesCity ofUnited kingdomCristiano ventricelliSecurities exchange commissionCircle internet financial ltdPaxos trust coPaxos trustImage creditExchange commissionCircle internet financialYork based paxos

Fallout of crypto stablecoin regulation spills over to decentralised finance sector

The whole ecosystem will presumably have to pivot to a different stablecoin as its primary source of liquidity, Andrew Thurman said.

Ar riyaSaudi arabiaAndrew thurmanKaiko careyMichael egorovCircle internet financial ltdYork state department of financial servicesPaxos trustRiyad careyCurve financeNew york state departmentFinancial servicesYork based paxosCircle internet financial

PayPal pauses stablecoin work amid regulatory scrutiny of crypto

New York-based Paxos is regulated by the state’s Department of Financial Services

New yorkUnited statesAmanda millerPaypal holdingsYork state department of financial servicesPaxos trust coDepartment of financial servicesFinancial servicesImage creditNew york state departmentBloomberg newsSan joseCalifornia based paypalYork based paxos

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