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New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?
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New York State Trust License - Fidelity’s Step Towards Mass Crypto Adoption?

Fidelity’s cryptocurrency investment arm, Fidelity Digital Assets (FDAS) has filed for a trust license in the state of New York according to several sources.

Binance CZ: We Have No Immediate Plans for a Chinese Yuan-Based Stablecoin
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Binance CZ: We Have No Immediate Plans for a Chinese Yuan-Based Stablecoin

Recent announcements have created waves in the blockchain industry. Binance has been making its way around the world, enabling better adoption and an overall understanding of crypto. With China’s President Xi Jinping urging its nation to use blockchain technology and its development, how is Binance leveraging on new collaborations around the world?

Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators
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Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators

The leaked "Tai Chi" document obtained by Forbes indicates that Binance.US was set up to circumvent regulation—a claim that CEO Changpeng Zhao (CZ) vehemently denies.

Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin
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Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin

Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.

Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services
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Fidelity’s Crypto Arm Given the Green Light by the New York State Department of Financial Services

Fidelity Digital Assets Services (FDAS), the cryptocurrency arm of Fidelity Investments has been granted a license by the New York State Department of Financial Services (NYDFS), allowing the company to offer cryptocurrency trading and custody services.

Bitpay Now Supports Binance's Stablecoin For Global Payments
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Bitpay Now Supports Binance's Stablecoin For Global Payments

Binance and Bitpay have partnered to enable consumers and merchants to access Binance stablecoin.

NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token
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NYDFS Approved: Binance and Paxos New Stablecoin Collab & Paxos Gold-Backed Token

Crypto exchange giant Binance, and digital asset trust company Paxos recently announced their partnership to launch a USD-backed stablecoin. The announcement comes after the approval from the New York State Department of Financial Services (NYDPS). New York-based exchange and stablecoin operator, Paxos launched a gold-backed Ethereum-based token named Pax Gold (PAXG).

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