US Securities and Exchange Commission

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) $ 93,302.00 0.87%
Ethereum (ETH) $ 1,762.81 2.44%
Tether (USDT) $ 1.00 0.01%
XRP (XRP) $ 2.21 1.74%
BNB (BNB) $ 597.33 1.83%
Solana (SOL) $ 151.19 0.63%
USDC (USDC) $ 1.00 0.01%
Dogecoin (DOGE) $ 0.179982 0.75%
Cardano (ADA) $ 0.729036 2.83%
TRON (TRX) $ 0.24703 0.51%