Cryptocurrency Q&A
Does Paxos have a stablecoin regulated ADGM?
Does Paxos have a stablecoin regulated ADGM?
TimeRippleOcean
Fri Jan 24 2025
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6
answers
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I'm wondering if Paxos offers a stablecoin that is regulated by ADGM. I'm interested in investing in such a stablecoin and would like to know if Paxos provides one that is backed and regulated by the Abu Dhabi Global Market.
6 answers
CryptoPioneer
Sat Jan 25 2025
Paxos has received approvals that enable it to issue USD-backed and other currency-backed stablecoins.
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BlockchainVisionary
Sat Jan 25 2025
Paxos intends to leverage these approvals to enhance the global accessibility of its USD-backed stablecoins.
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SamsungShiningStar
Sat Jan 25 2025
Through two regulated entities in ADGM, Paxos is authorized to provide crypto-brokerage services.
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SakuraSmile
Sat Jan 25 2025
BTCC, a leading cryptocurrency exchange, offers a suite of services including spot trading, futures trading, and wallet solutions.
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Valentina
Sat Jan 25 2025
Additionally, Paxos can now offer custody services for digital assets under the new approvals.
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