Paxos Securities Settlement Company Receives Clearing Agency Registration From the U.S. Securities and Exchange Commission

Paxos wins SEC approval to clear U.S. stocks on blockchain

Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alternative for traditional finance giants than legacy competitors.

Paxos Securities Settlement Company Receives Clearing Agency Registration from the U.S. Securities and Exchange Commission

/PRNewswire/ -- Paxos, the leading blockchain infrastructure platform, today announced that its subsidiary, Paxos Securities Settlement Company, LLC (PSSC),...

SEC Grants Paxos Historic Approval to Clear and Settle US Equities on Blockchain

Paxos has become the first blockchain-native firm to receive full SEC approval as a registered clearing agency, setting the stage for same-day settlement in traditional capital markets. SEC Opens Wall Street Plumbing For Blockchain Technology The landmark decision makes Paxos the first and only blockchain-native enterprise approved to operate as a central securities depository (CSD) […]

SEC Approves Paxos as First Blockchain-Native Firm to Clear US Securities Trades

Key Takeaways: Paxos is registered as a clearing agency with the SEC in the U.S. The company is the first blockchain native firm that received permission to operate as a regulated securities settlement firm. Paxos says its blockchain capabilities could facilitate quicker settlement and increased cost savings for financial institutions.                                                                                                               …

CoinStats - Paxos secures first SEC blockchain approval i...

🚀 Paxos became the first blockchain company approved as a securities settlement institution by the SEC in the US. Paxos' infrastructure now enables same-day transactions with lower risk and cost in $BTC-related securities. 🔍 Critical data: This approval opens the door for more blockchain integration in traditional finance. Continue Reading:Paxos secures first SEC blockchain approval in the US The post Paxos secures first SEC blockchain approva…

Paxos subsidiary registered as clearing agency by SEC - Asset Servicing Times

According to the firm, Paxos Securities Settlement Company is the only blockchain-native firm approved by the US Securities and Exchange Commission as a clearing agency