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) $ 83,009.24 0.63%
Ethereum (ETH) $ 1,902.84 0.05%
Tether (USDT) $ 1.00 0.00%
XRP (XRP) $ 2.28 3.01%
BNB (BNB) $ 630.14 0.41%
Solana (SOL) $ 124.33 3.52%
USDC (USDC) $ 1.00 0.00%
Cardano (ADA) $ 0.704583 1.34%
Dogecoin (DOGE) $ 0.1677 2.89%
TRON (TRX) $ 0.222029 4.16%