Markets: Bitcoin rises amid market jitters as Paxos stablecoin issuer next regulator target after Kraken clampdown

Bitcoin was the only top 10 non-stablecoin cryptocurrency to gain in Tuesday morning trading in Asia in a market unsettled by regulators in the U.S. targeting digital asset companies.

• 2023-02-14
• Paxos Trust Co. BUSD Paxos digital asset Bitcoin

Regulator Orders Crypto Firm Paxos to Stop Issuing Binance Stablecoin

Paxos Trust will stop issuing one of the largest dollar-pegged cryptocurrencies, as a government clampdown on the sector widens.

• 2023-02-13
• Paxos Trust Co. BUSD New York Department of Financial Services Paxos Binance

Crypto Firm Paxos to Stop Issuing Dollar-Pegged Binance Token

New York regulators directed a crypto company to stop issuing one of the largest dollar-pegged cryptocurrencies, as a government clampdown on the sector widens.

• 2023-02-13
• Paxos Trust Co. Patricia Kowsmann