Paxos Welcomes Ben Gray as Global General Counsel as it Targets Powering One Billion Consumer Wallets in 2022

In February 2022, Paxos welcomed Ben Gray as its new Global General Counsel. Ben joins Paxos from Block (formerly Square) where he was Global General Counsel and Chief Compliance Officer.…

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Paxos Welcomes Ben Gray as Global General Counsel as it Targets Powering One Billion Consumer Wallets in 2022

, the leading regulated blockchain infrastructure platform, appointed Ben Gray as Global General Counsel. Paxos continues adding to the executive team as its infrastructure is adopted by leading global enterprises.

Continue ReadingPaxos Welcomes Ben Gray as Global General Counsel as it Targets Powering One Billion Consumer Wallets in 2022

Paxos CEO Charles Cascarilla: Price action doesn’t mean cryptocurrencies’ fundamentals have changed

Cryptocurrency prices are known to fluctuate - it's a volatile and new asset class. That said, price changes are not indicative of the overall interest or adoption of crypto. On January 19, 2022 Paxos CEO and Co-Founder Charles Cascarilla sat down with CNBC's Squawk on the Street to discuss the market and how investors should consider evaluating its potential.

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Mercado Libre announces investments in Mercado Bitcoin and Paxos, references in cryptocurrencies digital assets management

Operation reinforces the company's presence in the crypto universe, boosting its development and adoption in the region. Paxos powers the Mercado Pago cryptocurrency transaction experience for its Brazilian users. MONTEVIDEO,…

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2021 Was Just The Beginning: Paxos Will Accelerate Mainstream Digital Asset Adoption in 2022

We believe the future of finance will be powered by tokenized financial market infrastructure. Paxos aspires to enable all asset holders - from the largest financial institutions to the individual consumer - to transact assets with the highest levels of trustworthiness, transparency and speed. If last year was the tip of the iceberg, 2022 will reveal the prime time adoption of digital assets and financial services.

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Same-Day Settlement: A Misunderstood Opportunity

This conflation in many people's minds of T+0, Real-Time Gross Settlement (RTGS), and atomic settlement demonstrates just how misunderstood this topic really is. To be clear, T+0 simply means settlement on the same day as the trade, RTGS means settlement at the time of trading, and atomic settlement is the transfer of securities against cash (ie: delivery vs payment) at any settlement time. All of these should be embraced as opportunities that can create efficiencies, cut costs and protect our system from future market failures. 

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