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Paxos receives ‘preliminary conditional approval’ for US bank charter

April 23, 2021 by DIGIT
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The stablecoin issuer has nabbed a banking license, but it doesn’t mean they’ll be doing any banking in the traditional sense.

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Categories Banking, Charter, OCC, Paxos, Regulation
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  • bitcoinBitcoin(BTC)$101,515.00-1.25%
  • ethereumEthereum(ETH)$2,241.85-1.96%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-2.65%
  • binancecoinBNB(BNB)$622.21-1.59%
  • solanaSolana(SOL)$133.59-1.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.267169-1.98%
  • dogecoinDogecoin(DOGE)$0.153316-2.04%
  • staked-etherLido Staked Ether(STETH)$2,239.99-1.88%
  • bitcoinBitcoin(BTC)$101,515.00-1.25%
  • ethereumEthereum(ETH)$2,241.85-1.96%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-2.65%
  • binancecoinBNB(BNB)$622.21-1.59%
  • solanaSolana(SOL)$133.59-1.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.267169-1.98%
  • dogecoinDogecoin(DOGE)$0.153316-2.04%
  • staked-etherLido Staked Ether(STETH)$2,239.99-1.88%
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  • bitcoinBitcoin(BTC)$101,515.00-1.25%
  • ethereumEthereum(ETH)$2,241.85-1.96%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-2.65%
  • binancecoinBNB(BNB)$622.21-1.59%
  • solanaSolana(SOL)$133.59-1.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.267169-1.98%
  • dogecoinDogecoin(DOGE)$0.153316-2.04%
  • staked-etherLido Staked Ether(STETH)$2,239.99-1.88%
  • bitcoinBitcoin(BTC)$101,515.00-1.25%
  • ethereumEthereum(ETH)$2,241.85-1.96%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.02-2.65%
  • binancecoinBNB(BNB)$622.21-1.59%
  • solanaSolana(SOL)$133.59-1.82%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.267169-1.98%
  • dogecoinDogecoin(DOGE)$0.153316-2.04%
  • staked-etherLido Staked Ether(STETH)$2,239.99-1.88%