paxos trust company

Paxos Receives “No-Action” Letter from SEC to Settle Blockchain-based Equities

Paxos is planning to streamline equities settlement by using a regulatory compliant blockchain-based process. The Paxos Trust Company received a no-action relief letter from the US Securities and Exchange Commission (SEC) on October 28, in order to conduct equity securities trading on a blockchain-enabled platform designed specifically for broker-dealers.  Paxos’s management revealed that Credit Suisse...
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Bitcoin (BTC) $ 83,958.49 1.36%
Ethereum (ETH) $ 1,922.82 1.39%
Tether (USDT) $ 1.00 0.02%
XRP (XRP) $ 2.41 3.89%
BNB (BNB) $ 596.74 2.87%
Solana (SOL) $ 133.27 5.89%
USDC (USDC) $ 1.00 0.00%
Cardano (ADA) $ 0.740494 2.59%
Dogecoin (DOGE) $ 0.173807 2.63%
TRON (TRX) $ 0.220976 0.26%