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 one year alone, the size of the crypto market has grown 537%. You’d be hard pressed to find another market that has grown so quickly and has captured the attention of both retail and institutional investors.
Last last night, on November 8, 2021, Bitcoin hit an all-time price high of $68,521. In the very short span of 12 years, Bitcoin has entered the world and become one of the most attractive assets as a store of value. But what actually is Bitcoin? Let's take a moment to review!
October 2021 marked the first time Paxos hosted a booth Money20/20 USA - the preeminent conference that brings leaders from financial institutions and technology providers to Las Vegas in order to learn more about what the future of fintech holds.
USDP, Paxos’ leading regulated stablecoin backed 100% by cash and cash equivalents, is the inaugural stablecoin available in Facebook’s pilot of the Novi digital wallet launched today. This news represents a tide shift in digital assets, as it’s the first time that stablecoins are readily available in a consumer wallet outside of the crypto ecosystem.
Paxos has been working in crypto since the early days. We built the first institutional Bitcoin exchange and we’ve been growing our regulated product capabilities ever since. We’re building the regulated financial market infrastructure that multinational enterprises with billions in customer assets and global reputations to protect rely upon. We’re seasoned crypto experts and help partners navigate the complexity of jumping into crypto markets.
Everything is energy, including money, which is just a fungible form of energy. If energy is the ability to do work, money is the fungible ability to make like-for-like decisions about whether to consume energy today or defer consumption by investing that energy.
This article is the first in a six-part series about the basics of crypto from Paxos. Stay tuned for more lessons on the world of blockchain and crypto markets. Bitcoin…
Cryptocurrency commissions are a low 0.12% - 0.18% of trade value GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers Group (Nasdaq: IBKR), a global brokerage firm, today announces its launch of cryptocurrency trading, enabling clients…
In the last year, the interest in cryptocurrencies has exploded. Now, more than ever, people want access to this new asset class through their trusted intermediaries. Sophisticated investors see the value in diversifying portfolios by tapping into new technology.
Paxos has been named to Forbes’ FinTech 50 list, which recognizes the most innovative, privately-held startups based in the US.
It continues to break records and has expanded its leadership position as the largest, most liquid gold-backed digital token. Earlier this month, PAXG surpassed 125,000 tokens and reached a total market capitalization of nearly a quarter-billion dollars. That represents a more than 400% increase in total token supply in only a year’s time.
Trustworthiness is critical to our business success at Paxos. We believe that by becoming a trusted, regulated, audited infrastructure provider, we can offer the highest levels of safety, protection and security for our clients. We’ve spent years building this oversight and regulatory stack.
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