Paxos Secures SEC Registration as Clearing Agency
In recent developments, the approval makes Paxos the “only blockchain-native firm” approved by the SEC to operate as a registered clearing agency in the U.S. Looking closer, market participants highlight…
SEC approves Paxos as ‘blockchain-native’ clearing agency
In recent developments, paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto. Looking closer,…
OCC Gives Augustus Conditional Approval to Build AI-Native Clearing Bank in t…
In recent developments, the Office of the Comptroller of the Currency (OCC) has granted Augustus conditional approval to establish Augustus Bank, N.A., a clearing bank built from the ground up…
Stablecoins flip automated clearing house volume in February
In recent developments, stablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network. Looking closer, market participants highlight key drivers…
Coinbase to acquire The Clearing Company in prediction markets push
In recent developments, coinbase is buying The Clearing Company as it expands into prediction markets and broadens its product lineup beyond crypto trading. Looking closer, market participants highlight key drivers…
