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Ensuring a Trustworthy Experience with Crypto
Why are Banks Finally Interested in Crypto?

Fueling the Growth of Enterprise Blockchain Products
2020 was a year of uncertainty around the world, but Paxos has continued to grow and we have added 63 new team members. James Hartley, Director of Product Operations at Paxos, is one of those new hires. Why

Ensuring a Trustworthy Experience with Crypto
Trust is fundamental to the success of both crypto and blockchain. Hear from my perspectives on what it takes to build tomorrow’s financial infrastructure.

Changing US Equities Markets with Blockchain Technology
After recent market activity led to institutional and retail brokerages restricting trading on highly volatile stocks like GameStop, the systemic risks caused by the legacy

What Lehman Brothers, Gamestop and the Next Financial Crisis Have in Common
We are witnessing the fallout from an overwhelmed settlement system – but Paxos has a solution

Welcoming Mike Dudas to Paxos and Our World of Stablecoins
I am excited to announce that Mike Dudas will join Paxos on February 9 as VP, Head of Stablecoin Business Development. We’ve known Mike for some

How Financial Firms are Integrating Crypto
Paxos hosted a virtual Master Class, “How Financial Firms are Integrating Crypto Offerings.” This was part of our Blockchain Impact series and was tailored for professionals seeking details on applying crypto solutions and blockchain tech to current and future products. Leaders from Paxos discussed the current state of crypto adoption in mainstream finance, the potential impact crypto can have on revenues and the fundamentals of enabling crypto.

PAX Gold: The First Gold Token with More Than $100 Million in Market Cap
PAX Gold – the world’s first and only regulated, gold-backed digital asset – is the first gold token to surpass $100 million in total market capitalization.

Paxos Comment Letter to the Financial Crimes Enforcement Network of the US Treasury
On January 4, 2021, Paxos CEO and Co-Founder Charles Cascarilla submitted the following comment letter to the Financial Crimes Enforcement Network (FinCEN) in response to a Proposed Rule relating to unhosted digital wallets.

Paxos in 2020 – A Year in Review
This year, we helped bring crypto to hundreds of millions of users. We’re building financial market infrastructure for an open, digital economy. We closed out 2020 announcing that we raised $142 million in Series C funding, but we also hit many milestones along the way.

Fueling Paxos’ Growth in 2021 and Beyond
Paxos has closed its Series C investment round and raised $142 million, bringing our total funding to more than $240 million.

Paxos Secures SOC 1 Type 2 Certification for PAX Stablecoin and Crypto Asset Custody
Paxos has achieved SOC 1 Type 2 Certification for our PAX Stablecoin and Crypto Asset Custody products.

Why Paxos is Seeking a National Trust Bank Charter — and Why We Remain Committed to New York
Paxos has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) for a national Trust Bank charter.

Paxos’ Charles Cascarilla on CoinDesk’s Most Influential List 2020
Paxos CEO and Co-Founder Charles Cascarilla has been selected as one of CoinDesk’s Most Influential People in Crypto 2020!

Want to Add Crypto to Your App? A Few Considerations Before Starting with Paxos Crypto Brokerage
Paxos Crypto Brokerage may be the answer to your crypto needs, but it’s important to understand a few aspects of our solution before you get started. Here are some key facts that can help you better plan your next steps in crypto.

How Our Tech Works – A Behind-the-Scenes Look at Paxos Crypto Brokerage
On November 17, Paxos product manager Zach Kwartler gave a behind the scenes look at how our technology works at the V-Sum_2 conference. Take a look here to learn more about what we’ve built.

New to Crypto? These are the Answers to Your Top 10 Questions
Cryptocurrency markets are growing, so you’re likely to have many questions. Paxos is the regulated leader in digital assets, we have the expertise to answers your questions.

Paxos CEO & Co-Founder Charles Cascarilla on LBMA Digital Gold Webinar
On November 5, Paxos CEO & Co-Founder Charles Cascarilla participated in a webinar hosted by the London Bullion Market Association on Digital Gold. Charles, along

PayPal & Paxos Bring Crypto to Millions of Users
Paxos is powering PayPal’s new service enabling its US users to buy, hold and sell cryptocurrency directly from their PayPal digital wallet.

The System for Clearing and Settling Equities Is Antiquated. This Is About to Change.
Paxos is upgrading clearing and settlement to meet the speed and efficiency of trading. Starting in the US with Street-side US equities settlement, Paxos has built a platform designed to alleviate market participants’ core concerns with the legacy infrastructure they rely upon today. Our solution, Paxos Settlement Service, is built with the latest technology and modern thinking about how financial infrastructure should operate.

One Year, 31,000 Tokens and 78 Gold Bars – PAX Gold Keeps Growing and is Now Available on Gemini
A year ago, the New York Department of Financial Services (NYDFS) approved the only regulated gold-backed digital asset – PAX Gold. Today, we’re excited to celebrate a year of growth of PAX Gold – along with the announcement that it is now available on Gemini!

Binance USD – One Year Old, $2.4 Billion Issued and $3.8 Billion in Total Transactions
BUSD is the first 1:1 US dollar-backed white-label stablecoin that is approved by a regulator.

The 5 Attributes of Money, Part I: What Makes Money Money
Ultimately, money is a very specific form of asset ledger that serves as a means of payment. The money ledger is foundational to a capitalist financial system as the unit of account that everything in the economy is denominated against and from which intertemporal decisions are made.

New York “Greenlists” All Paxos Tokens: PAX, BUSD and PAXG
One year ago, Paxos partnered with Stable Universal and Huobi to launch a US dollar-backed stablecoin: HUSD. In that time, there have been more than $1.6 billion tokens issued and more than $3 billion worth of transactions processed.

At One Year Old, HUSD Issuance Passes $1.6 Billion
One year ago, Paxos partnered with Stable Universal and Huobi to launch a US dollar-backed stablecoin: HUSD. In that time, there have been more than $1.6 billion tokens issued and more than $3 billion worth of transactions processed.

Paxos + Revolut Bring Crypto to the Masses
Lately, more and more mainstream consumer applications are adding digital assets to their offerings – from Square’s Cash app to Robinhood to Facebook’s Novi. We’re

Bitcoin Cash and Litecoin are Available on Paxos Today
We are excited to announce that starting today at 6:30 PM ET, Bitcoin Cash (BCH) and Litecoin (LTC) are available today for deposits, withdrawals, buying, selling and holding.

Our Approach to Product Management
We’re a nimble, innovative company pursuing an ambitious mission to bring technology and product innovation to the regulated financial services industry by building the bridge to an open, decentralized financial system.

Share PAX Gold Facts and Win Gold
To show our appreciation to customers, Paxos is running a $1000 PAX Gold giveaway on Twitter. Twitter users can participate by tweeting one accurate fact

PAX Gold: The Safest Way to Own Gold Today
Investors around the world like to hold gold as a safe haven asset during times of economic uncertainty and volatility. In the last several months

Introducing a New Paxos Account Experience – One Regulated Custody Platform For Seamlessly Managing Currency, Crypto and Gold
Over the last year, we’ve dedicated a lot of resources to building a unified custody platform for all of our customers. We’re pleased to announce

Move Fast and Don’t Break Things: Product Management in the Regulated Financial Services Industry
Paxos occupies a unique position in the financial services industry as a regulated financial institution that is also technology focused. As a regulated Trust company

Building the Future of Finance in 2020
2019 was a monster year for Paxos. We launched more products this year than in our entire history combined, we more than doubled the circulation

Ethereum Smart Contract Testing Guidelines
In a way, developing smart contracts is a throwback to a time where software was disseminated on cds with code that, once installed, must be
Convenience and Security: Paxos’ Third-Party Authorization Design for BUSD and Beyond
In September 2019, we partnered with Binance to launch a new stablecoin called Binance USD (BUSD). BUSD is regulated by the New York Department of

Introducing Paxos Settlement Service – Changing How U.S. Securities are Settled
Today I’m excited to announce that we’ve received No-Action relief from the SEC Staff to introduce the Paxos Settlement Service. Paxos Settlement Service is a
Meet ‘Kevin’ — the immutable data store that brings functional programming paradigms to our persistence layer
Paxos offers automation to the confirmation and settlement processes in the commodities and FX spaces through its Post-Trade Service. Automation is another word for technology

PAX Turns One!
A year ago today, Paxos Trust Company launched the Paxos Standard (PAX) stablecoin, the world’s first regulated crypto-asset fully collateralized 1:1 by the U.S. Dollar.
Introducing PAX Gold – physical gold on the digital blockchain
We are proud to introduce PAX Gold, the first regulated digital asset backed token that represents premium gold bars. Designed as an ERC-20 token, PAX
Istio Mesh Expansion on AWS
By Srinivas Gumdelli & Nathan Typanski Migrations to Kubernetes are inherently messy. While progress has been made in recent years with StatefulSet and persistent volumes,

Welcome Dan Burstein, the New General Counsel and Chief Compliance Officer of Paxos
Today, I am excited to announce that Dan Burstein has joined Paxos as our General Counsel and Chief Compliance Officer. While Dan has been with

New! Use PAX to Fund Your Binance Account Using USD – Paxos is Now a Preferred Fiat Partner on Binance
Paxos and Binance are now partnering to make it faster and easier to fund your Binance trading account. We’re excited to announce a new integration

Getting PAX to You Faster – Introducing Auto-Transfers and Faster Processing
Today we’re excited to announce a new feature on Paxos called Auto-Transfers. This makes it easier and faster to get PAX. When you’re able to

The New Paxos Platform: Move from PAX to Dollars Instantly
PAX is a digital dollar we built so money can move fast. Now, PAX can move even faster. We’re pleased to announce instant redemptions for

Now You Can Get PAX through the Blockchain Wallet
Today, it is easier than ever for people all around the world to get PAX. Paxos is pleased to share that Blockchain will make PAX

Growing Demand for PAX around the World
It’s been a big week for Paxos and our PaxosStandard (PAX) stablecoin! Over the past week, the market cap of PAX has increased nearly 50%.

Bringing PAX to more Payments Systems, Wallets, Lending Platforms and Exchanges
By Scott Simpson, VP of Strategic Partnerships At Paxos, we’re building technology that will allow any asset to live and move on any blockchain. We

Regulation in the Crypto World, Part II: Putting Facts into Perspective
Recently, BitWise presented a report to the SEC alerting the market that a surprising 95% of total bitcoin trading volume is faked. It was noted

The Paxos Approach to Core Values – and Why it Matters
By Andrew Chang, Chief Operating Officer Most organizations have a set of core values of some kind. For some, these values are used to guide

Maker rebates on ALL trades – Only on itBit
itBit is now the first fiat-to-crypto exchange with maker rebates for all trades. Traders that add to the order book will now earn 3bps incentives

Unveiling the New Paxos.com
We re-designed Paxos.com to reveal more about our mission to mobilize assets and create a frictionless economy. Read more to learn about upcoming products.

Women to Watch in Blockchain
In celebration of International Women’s Day this year, we are putting a spotlight on some of the most inspiring women who have had an impact in blockchain.

New Maker Rebates for ETH Trades on itBit
We’re excited to share that on itBit, the Paxos exchange, itBit customers will now begin receiving 3.5 bps rebates of the notional value on all

PAX Weekly Updates — January 16, 2019
Today, we are excited to announce that we will be jump-starting a new initiative to share weekly updates on Paxos activity in an effort to bring more transparency into this space.

Regulation in the Crypto World, Part I: Leading the Way into the Light
At Paxos, we believe crypto and blockchain will transform the way value and assets move around the world.

Paxos Standard Crosses $5B in Transactions in First 3 Months
The first regulated stablecoin marks 3 months with record-breaking growth and global adoption.

itBit Now Offers ETH Trading — and ZERO Trading Fees in December
We’re happy to announce that itBit customers can now start trading Ethereum (ETH) through the itBit exchange, both at itbit.com and via our FIX & REST APIs.

Binance Lists PAX as a Base Currency
We’re excited to share that Binance, the world’s largest crypto exchange, has now added the Paxos Standard (PAX) stablecoin as a base currency.

Paxos to Partner with Bitpay, Global Bitcoin Payment Service
We are excited to announce that the Paxos Standard token (PAX) is now a settlement option for BitPay merchants around the world.

Designing Paxos Standard’s Minimal Smart Contract
This blog post discusses the design of the PAX ethereum smart contracts with an emphasis on our minimalist contract design philosophy.

Paxos Introduces Faster Processing
We are excited to share that we have added several more windows for PAX conversions and fiat deposits/withdrawals!

How to Build a Great Engineering Team
Over the past few years, I’ve had the opportunity to build out a world-class engineering team at Paxos, a fintech startup on an ambitious mission to enable the movement of any asset at any time in a trustworthy way.

Paxos Standard Sees Massive Adoption in Its First Month
Today, we announced that the Paxos Standard token has achieved the fastest, broadest distribution of any digital asset, with support from over 20 top global exchanges and OTC desks within just one month of its launch.

Binance Lists Paxos Standard (PAX) Against Tether (USDT)
We’re excited to share that Binance, the world’s largest crypto exchange, has today listed the Paxos Standard token (PAX) against tether (USDT).

月度审计报告
As we bring trust and transparency to the digital asset market with PAX, the industry’s first regulated stablecoin, we are pleased to share our first month-end attestation report, prepared and published by nationally-ranked auditing firm Withum.

How to speed up local Kubernetes development by proxying Helm charts
At Paxos, we’ve been running our services on Kubernetes for a while, but had trouble managing multiple environments until we adopted Helm and ChartMuseum.

Binance lists Paxos Standard token (PAX)
We are excited to share that Binance, currently the world’s largest crypto exchange by trading volume, has announced it will list our Paxos Standard token (ticker symbol PAX).

Paxos launches new stablecoin, Paxos Standard (PAX)
This week, Paxos announced the launch of Paxos Standard™, the world’s first regulated crypto asset.

Introducing Paxos Standard (PAX), the new digital dollar
We’re thrilled to announce that today we launched the Paxos Standard token, a new digital asset that is collateralized 1:1 with the U.S. dollar.

Paxos Continues Growth Trajectory, Adds Seasoned Executives Nancy Dornbush as Global Head of Operations, and Dorothy Chang, VP of Marketing and Communications
Paxos continues to grow and scale operations, having recently announced a $65M capital raise bringing us to $93M in total funding.

Paxos Confirmation Service goes live today with first customer, INTL FCStone
We are excited to announce that INTL FCStone Ltd’s Precious Metals Division is now using Paxos Confirmation Service, a tool we designed specifically for the post-trade needs of the precious metals market.

Chad Cascarilla on Leaderships Strategies to Improve Company Culture
Last week, Authority Magazine sat down with Paxos CEO and Founder, Chad Cascarilla, to gain insight into our company culture and how it’s been shaped over time.

itBit and ED&F Man Capital Markets Inc. Execute First Exchange for Physical Transaction Settled Using Bitcoin
We are excited to announce that, together with our partners at ED&F Man Capital Markets Inc., itBit has completed the first “Exchange for Physical” (EFP) Bitcoin transaction on behalf of two institutional investor clients.

New, More Cost-Effective Fee Structure Now on itBit
We’re excited to announce that we have updated the fee structure on itBit — making our exchange the most competitive in the industry!

itBit Now Offers Ethereum, Bitcoin Cash, Litecoin and Stellar Lumens
We are excited to announce that we now offer expanded regulated trading and custody services for Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and Stellar Lumens (XLM).

Shrink your ops team by putting the Dev in DevOps
Every software system requires an exhaustive amount of configuration and maintenance: from provisioning servers, deploying code, installing and upgrading services, to storing data, managing DNS records and applying security protocols, there is a tremendous amount to consider.

Paxos Continues Growth of Modern Settlement Platform with $65M Series B Funding
Funding to further Paxos dramatically helping financial institutions reduce settlement risk

DFS Continues to Support New York FinTech
Paxos Trust Company LLC, an Existing DFS Licensee, is Now Authorized to Offer Bankchain Precious Metals Platform

Should I Migrate to an Async Framework?
The main problem with (traditional) synchronous code, is that processes hang while waiting for external data.

Blockchain 101 — Elliptic Curve Cryptography
In this series of articles, I’m aiming to give you a solid foundation for blockchain development.

Why aren’t distributed systems engineers working on blockchain technology?
For the last 15 years, I have predominantly worked on Distributed Systems of various size and complexity. Over the last couple of years, I have become

Crypto Asset Custody Services Now Available Through itBit
itBit’s Institutional Client Group now offers crypto asset custody services for institutions seeking to custody or sub-custody assets with a regulated NY State Trust Company.

Blockchain 101 — Foundational Math
Getting into blockchain development can be pretty intimidating. There’s a whole host of weird terms that are thrown around like “coinbase” and “merkle root” that not only look odd, but are not obvious.

Modern Trader names Paxos CEO Charles Cascarilla one of Fintech’s Top 50 Leaders
Last year our CEO Charles Cascarilla was featured in Modern Trader, discussing early adoption and future applications of blockchain technology.

Why Take-Home Tests are Awesome
At Paxos, we give all software engineering candidates a short take-home test before deciding if we want to move forward with an in-person interview.

Write Fast Apps Using Async Python 3.6 and Redis
One of the common complaints people have about python and other popular interpreted languages (Ruby, JavaScript, PHP, Perl, etc) is that they’re slow.

The Blockchain is Evolutionary not Revolutionary
Many people across the technology and financial industries are dubbing blockchains as the greatest innovation since the Internet.

Paxos Appoints Former NYSE CEO Duncan L. Niederauer to Board of Directors
Paxos today announced the appointment of Duncan L. Niederauer, the former Chief Executive Officer of The New York Stock Exchange, to the company’s Board of Directors.

How Will Blockchain Technology Revolutionize Asset Management?
Although asset managers initially explored Bitcoin as a new investment opportunity, it is digital securities settlement infrastructure inspired by Bitcoin’s underlying technology, blockchain, that may have a greater impact on buy-side firms.

Revolutionary Blockchain Technology Firm, Paxos, Unveiled Today
Paxos, a financial technology company delivering revolutionary blockchain solutions for global financial institutions, today unveiled its new brand.

Press Release: itBit Announces Senior Level Appointments — Jim Manzi and Ed Giorgio
itBit today announced the appointment of Jim Manz, and Ed Giorgio to the company’s Advisory Board.

Introducing itBit’s Global OTC Agency Trading Desk
We are proud to introduce the itBit Global OTC Agency Trading Desk, a boutique service that specializes in facilitating large transactions over 100 bitcoins.

Breaking Ground in the United States
Today, we opened our doors to all customers in the United States to trade on itBit.

itBit’s Trust Charter
Since launching in the U.S. last week, we have answered a number of questions from the community.

itBit’s Stance on Regulation and Risk Management
Having spent years researching and using digital currency exchanges as a trader and in light of the most recent market events, I wanted to provide itBit’s perspective on the current state of the industry.

Building Trust in a Trustless System
At the heart of the bitcoin ecosystem lives a vibrant yet immature exchange community.

Leading itBit into a New Era
It was four years ago, back in early 2010, when I first heard about Bitcoin.