Paxos

Charles Schwab aims to launch spot cryptocurrency trading, transfers, and custody services for registered investment advisors by mid-2027. The initiative targets institutional adoption by integrating crypto into existing custody systems used by 16,000+ advisory firms, distinct from Schwab's retail-focused crypto service launched in 2026.

Dogecoin has gained support from Paxos, providing fintech and institutional platforms with a new pathway to evaluate DOGE. The move comes amid signs of slowing crypto adoption.

Dogecoin has partnered with Paxos to integrate DOGE across Paxos's enterprise-grade brokerage and custody infrastructure. The Paxos network is also used by PayPal and Venmo.

Paxos has received SEC approval to use blockchain technology for clearing U.S. stocks. This marks a significant regulatory milestone for blockchain-based financial services.

Paxos has secured SEC registration as a clearing agency, becoming the only blockchain-native firm approved by the SEC to operate in this capacity in the U.S.

Paxos is the first and only blockchain-native firm to be registered as a clearing agency under the SEC. The company's achievement marks a significant regulatory milestone in the blockchain industry.

The SEC has approved Paxos as a blockchain-focused clearing agency. Paxos describes this approval as a critical component of financial market infrastructure amid growing Wall Street interest in cryptocurrency.

Senator Warren criticizes the OCC over its handling of crypto trust charters, including Ripple and Coinbase. The OCC granted conditional approvals to several firms, including Circle, Ripple, BitGo, Fidelity, and Paxos. This move has sparked criticism from Senator Warren.

Paxos-issued Global Dollar Network $USDG has crossed $3B in supply and reached a market cap of over $3B, with nearly $700M deployed on Solana. The USDe market cap on Solana increased 20x in one day. This growth indicates significant adoption and investment in USDG.

Charles Schwab has launched a spot bitcoin trading platform, allowing retail clients to trade bitcoin directly through its existing brokerage ecosystem. The move marks a significant expansion of crypto access and places Schwab among traditional financial firms expanding into digital assets. The launch has potential reach across a large base of retail investors with $11.77 trillion in client assets.

Kraken's parent company has applied for an OCC charter, a move towards banking, following similar approvals for other companies like Coinbase and Ripple Labs. The US banking regulator has already approved charter applications for several notable companies in the industry. This development suggests a growing trend of cryptocurrency and financial technology companies expanding into traditional banking.

Paxos and Toku have integrated a system allowing employees to earn yield on stablecoin salaries without transferring funds or relinquishing custody. This innovation combines payroll services with decentralized finance features.

Coinbase received conditional approval from the Office of the Comptroller of the Currency (OCC) to operate as a national trust company, allowing it to act as a federally regulated custodian for digital assets. The approval is seen as a step toward institutional adoption but has sparked debate due to Coinbase's past SEC lawsuit and its current opposition to the CLARITY Act draft language.

Dogecoin Cash, a company themed around the cryptocurrency Dogecoin, is entering the tokenized gold market by developing tokens representing physical gold. The move follows the example of established firms like Tether and Paxos, which have already created tokenized gold products.