Paxos obtains SEC clearing agency registration
The registration under Section 17A allows Paxos Securities Settlement Company to act as a central securities depository, marking a milestone for blockchain in capital markets.
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Regulated blockchain infrastructure provider
paxos.comLast updated
In short: Paxos transitioned to a federally regulated national trust charter under the OCC and received SEC registration as a registered clearing agency.
The registration under Section 17A allows Paxos Securities Settlement Company to act as a central securities depository, marking a milestone for blockchain in capital markets.
Layers include licensing, onboarding, custody, fiat funding, distribution, and conversion. Paxos provides a single regulated platform integrating all layers for fintechs and institutions.
Amplify provides one stack to embed mint, earn, and borrow features for crypto assets. It advances making assets productive after expanding access.
The upgrade enables multi-venue smart routing, deeper liquidity, better pricing, and complete audit trails for institutional clients. It aggregates liquidity from Paxos exchange and partners.
PAXG, a gold-based crypto asset issued by Paxos, gets a major fundamental boost after its parent company. Tokocrypto Research Team sees the daily chart showing all indicators...
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The blockchain infrastructure company will have a period of 18 months to "ramp up" readiness for operations, per the SEC's approval letter.
The approval turns Paxos into the 'only blockchain-native company' authorized by the SEC to operate as a registered clearing agency in the United...
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