

Paxos said it will issue a new U.S. dollar-pegged stablecoin in Singapore after getting approval from local regulators to offer digital payment token services.
The stablecoin would mark Paxos’ first such product in Asia. The company said it will continue to expand its Singapore office, which has about 20 employees.
Back at home in the U.S., the company is facing regulatory pressures.
Source link
About the Author: Editorial team of BIPNs
Related Posts
December Ranked Updates | Halo
Editorial team of BIPNs2023-12-01T04:23:14+02:00December 1, 2023|Gold News, News|
Navigating Peaks and Valleys Toward Market Stability By U.Today
Editorial team of BIPNs2023-12-01T04:14:11+02:00December 1, 2023|Crypto News, News|
Flash in Pan or Start of Steady Climb? By U.Today
Editorial team of BIPNs2023-12-01T04:13:10+02:00December 1, 2023|Forex News, News|
XRP News: SEC vs. Ripple
Editorial team of BIPNs2023-12-01T03:52:56+02:00December 1, 2023|Forex News, News|
Celsius Customers Given Access To Withdrawal Process
Editorial team of BIPNs2023-12-01T03:44:39+02:00December 1, 2023|Crypto News, News|
Polygon’s network activity surges amid talks of an ‘internal strategy’
Editorial team of BIPNs2023-12-01T03:43:31+02:00December 1, 2023|Crypto News, News|