Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police ...

Paxos has settled with the New York Department of Financial Services. The company will pay a $26.5 million fine and invest ...

Some of the charges stem from the stablecoin issuer’s relationship with Binance. The agreement includes a $22 million ...

Paxos Trust has agreed to pay a $48.5 million settlement to the New York Department of Financial Services (NYDFS), resolving ...

While Paxos Trust Co. agreed to pay the state of New York $26.5 million, it said the historic compliance issues have no ...

Paxos will pay $48.5 million to settle with New York regulators over compliance failures and gaps in anti-money laundering ...

Stablecoin issuer Paxos Trust will pay a $26.5 million penalty to New York State to resolve charges related to its previous ...

Paxos Trust Company has agreed to pay $48.5 million to settle charges brought by the New York Department of Financial Services (NYDFS) over compliance failures tied to its partnership with Binance.

New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic ...

New York's bank regulator says Paxos ignored obvious money-laundering red flags and lacked basic compliance controls, ...

Paxos Trust agrees to a $48.5 million settlement with NYDFS for AML lapses and inadequate due diligence on Binance. The New York State Department of Financial Services (NYDFS) revealed on Thursday ...

The New York Department of Financial Services has reached a financial settlement with crypto company Paxos over its ...