Paxos joins Ripple and Circle to Apply for a National Banking License

Paxos is the latest crypto firm to apply for a national banking license, joining fellow stablecoin issuers Ripple and Circle. This follows the firm’s settlement with New York’s Department of Financial Services (NYDFS) over its anti-money laundering failures. Paxos Applies For National Trust Charter In a press release, the crypto firm announced that it has

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