Paxos wins ’No-Action’ letter to settle equities on a blockchain

Paxos wins ’No-Action’ letter to settle equities on a blockchain

Paxos Trust has announced that it had received No-Action relief from the SEC to introduce its Paxos Settlement Service as a blockchain-based settlement platform. This means that no US agency will take any enforcement action against the company for a service or product it provides. The announcement also said that Paxos will begin processing transactions for a limited number of broker-dealer.

Simone
Simone
Top in Crypto
Get the App