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  4. Paxos Plans to File for a Clearing Firm License.

Paxos Plans to File for a Clearing Firm License.

charlielee
2022-10-27 10:05:51

Paxos-stablecoin issuer and crypto exchange-is now planning to apply be become Cleaning farm with SEC.
After approving, they will become one of the top cleaning farm in the USA. They will act as intermediaries in securities markets in USA

Post Reply  
dianasmith
2022-10-27 10:07:03

It looks like PAXOS doesn't want to be a problem coin in the future because all cryptocurrencies are being audited for wealth through the SEC.
So PAXOS is planning to approach and cooperate with the SEC in order to get proper and guaranteed legality.
This is smarter than Tether who is too reckless to create stable coins regardless of existing regulations in America.