🛑 BREAKING ⛓️💥
Paxos Applies for U.S. Trust Bank License to Boost Services
Paxos, a blockchain infrastructure and stablecoin-focused company, has filed an application with U.S. regulators for a trust bank license. The move is part of the firm’s plan to strengthen its ability to deliver regulated financial services within the country.
As reported by PANews, Paxos also intends to set up a U.S.-based office, which will serve as a hub for its operations and help ensure compliance with American financial regulations.
