Paxos Becomes First SEC-Approved Blockchain-Native Clearing Agency
Paxos has become the first blockchain-native clearing agency approved by the U.S. Securities and Exchange Commission, a notable step toward dragging post-trade settlement out of the fossil age and into something closer to modern finance. SEC approval: Paxos gets rare clearance as a blockchain-native clearing agency Market plumbing upgrade: Could improve settlement, custody, and reconciliation […]
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