Paxos


Videos

Bitcoin Holds Above $23K Amid Silvergate Exodus

Bitcoin is trading at around $23,400, as the largest token by market capitalization remains relatively unfazed by a number of crypto firms, including Coinbase and Paxos, ending their relationship with crypto-focused bank Silvergate. VanEck Head of Digital Assets Research Matthew Sigel joins "All About Bitcoin" with his reaction to the latest developments and why it resembles "friction between crypto on-ramps and off-ramps."

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Videos

Slew of Crypto Firms, Including Coinbase, Paxos and Galaxy, Jump Ship From Silvergate Bank

A growing group of crypto firms is ending its relationship with crypto-focused bank Silvergate, after the bank delayed its 10K filing and said there were concerns about its ability to continue as a "going concern." "The Hash" panel discusses the outlook for Silvergate and how its next moves could impact the crypto industry at large.

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Finance

Coinbase CEO Armstrong: We Delisted BUSD Due to Liquidity Concerns

The exchange previously said it made the move because BUSD didn’t meet its listing standards, without going into any detail.

Coinbase CEO and co-founder Brian Armstrong speaks at Consensus 2019. (CoinDesk)

Videos

Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report

Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the latest developments after stablecoin issuer Paxos said last month it will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services.

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Policy

Paxos Is Holding 'Constructive Discussions' With SEC

News of the talks comes a week after Paxos said it received a Wells Notice from the regulator.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Policy

Coinbase Exec: US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts

Chief Policy Officer Faryar Shirzad said the exchange would “love to register” its two dormant broker-dealers, but the reality is no clear direction has been provided by lawmakers on Capitol Hill.

Coinbase official Faryar Shirzad (Wikimedia)

Markets

Tether's USDT Gains $1B as Paxos Burns Over $1.8B of Binance USD Stablecoins

The increase comes as BUSD issuer Paxos faces increasing regulatory scrutiny.

Tether. (Nikhilesh De/CoinDesk)

Policy

State of Crypto: Interpreting the Paxos-Binance Tea Leaves

NYDFS forced Paxos to stop issuing Binance USD. The SEC has said BUSD may be a security. Stay with me here – Paxos may not be the regulatory target.

(Rene Bruun/EyeEm/Getty Images)