Paxos Sees Interest in Digital Assets Growing Faster in Latin America Than Any Other Region

Paxos, the leading regulated blockchain infrastructure platform, published “What’s Driving the Immense Growth of Crypto in Latin America?”, a new white paper that delves into the consumer and market trends fueling adoption of digital assets in the region. Following the successful integration of crypto into numerous Latin American fintech apps like Mercado Libre, Nubank, PicPay and others, Paxos sought to understand the drivers behind the region’s robust embrace of cryptocurrency. Crypto usage in Latin America has increased by 1370% from 2019-2021, according to Chainalysis.

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Paxos Welcomes its First Dedicated Chief Compliance Officer Carolina Ceballos

Carolina Ceballos has joined Paxos as our first dedicated Chief Compliance Officer. As Chief Compliance Officer, Carolina will ensure Paxos meets its global regulatory obligations and that we continue to act as a trusted partner for clients on all compliance issues. 

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Getting Regulated Stablecoins to Institutions Seamlessly – Paxos Partners with Floating Point Group

We’re pleased to partner with Floating Point Group to streamline how financial institutions can get access to USDP and BUSD, the regulated stablecoins from Paxos. Floating Point Group is a cryptocurrency prime brokerage with an institutional trading desk and an advanced settlement platform.

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How Paxos Works with PayPal to Build Innovative Crypto Products

In 2020, PayPal launched the ability for its US users to buy, hold and sell cryptocurrency. Powered by Paxos’ crypto brokerage platform, PayPal has since added Checkout with Crypto, brought its crypto services to the U.K., and now allows consumers to transfer crypto on or off the PayPal ecosystem.

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