Paxos Secures Regulatory Nod and Seals Strategic Partnership with DBS Bank
Monday, 1 July 2024, 19:19
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Paxos Receives Full Approval for Stablecoin Issuance
In a major milestone, Paxos Corporation has secured full regulatory clearance from the Monetary Authority of Singapore (MAS) to issue stablecoins.
Strategic Alliance with DBS Bank
The company has also partnered with DBS Bank to strengthen its position in the financial sector.
- Approval from MAS highlights compliance and trust in Paxos.
- Collaboration with DBS opens up new avenues of growth for Paxos.
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