We have posted an updated version of our privacy policy that is effective August 29, 2023. You can review the updated version of our privacy policy here.
In many ways, the last few weeks in the digital asset industry have felt more like a few years. When the history of finance is written, recent events may make up the bulk of last year’s industry headlines, and rightfully so, but it’s also important to highlight other but important events from 2022.
Paxos received direction from US Federal Law enforcement to freeze Paxos-issued assets associated with four ethereum addresses. In compliance with the request, Paxos froze 11,184.38 PAXG tokens valued at roughly $19 million.
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.
In a previous post, my colleague presented a view of the near future, when stablecoins and central bank digital currencies (CBDCs) are ubiquitous in the financial sector and where they enjoy extensive acceptance across all markets.
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