Blockchain News
Paxos Settlement: Landmark $48.5M Penalty Over Binance AML Failures
The cryptocurrency world often faces intense regulatory scrutiny. Recently, **Paxos Trust** reached a significant **settlement** with the New York Department of Financial Services (NYDFS). This agreement highlights the increasing pressure on crypto firms to adhere to strict compliance standards. It also underscores the evolving landscape of digital asset oversight. This development sends a clear message […]
