aeonflux-3D
  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
  • Home Page
  • About us
    • Aeon FLux cosa facciamo
    • What we do
  • Tokens
    • White Paper Aeon Flux Gold Plus
    • White Paper Aeon Flux Gold 100
    • White Paper Big Taurus CLUB
  • Our services
  • Our clients
  • Contact
Roobet Casino Review
December 11, 2020
Where to store your Bitcoin and How?
December 12, 2020
Show all

Crypto Start-Ups Paxos And Bitpay Have Applied To Become Federally Regulated Banks In The United…

Published by Aeon Flux on December 12, 2020
Categories
  • News
Tags

Cryptocurrency company Paxos filed with The Office of the Comptroller of the Currency (OCC) The United States apply for a license of the national trust Bank. If approved, Paxos will become the first custodian of digital assets to be regulated as a “crypto bank” at the Federal and regional levels.Paxos is controlled by the New York state financial services Authority (NYDFS) as a trust company. Paxos expects to open its Bank in New York. The company specializes in issuing stable coins, storing cryptocurrency assets, and brokerage services. Paxos General counsel Dan Burstein said:“The OCC license will allow us to realize our mission to modernize the financial market infrastructure and ensure reliable movement of any asset at any time.”At the same time, Bitpay, which specializes in cryptocurrency payments, wants to open a bank in Georgia. The Company is focused on the capitalization Of Its new enterprise of $ 12 million.The Atlanta Journal-Constitution issued a public legal notice on December 8 revealing that BitPay had applied to the Office of the Comptroller of the Currency (OCC) to become a federally regulated bank. The bank is named BitPay National Trust Bank and is headquartered in Georgia.According to the submission, there would be a 30-day period for comment, during which all comments to the OCC license director could be addressed. The BitPay application revealed that the national bank’s market capitalization would be about $12 million. If BitPay becomes a national bank, it can circumvent the state-by-state regime to apply for a license separately to operate in each state.On the same day, the stable coin publisher and the crypto services company Paxos also applied as a federal regulated bank in America. In the public document published yesterday, Paxos announced her intention to establish the Paxos National Trust and submitted its application to the OCC.The application…

Share
0
Aeon Flux
Aeon Flux

Related posts

November 12, 2021

The quest of STABLECOINS — The way of all stable crypto things


Read more
November 12, 2021

Fueled by Latest Inflation Figures, Bitcoin Jumps to a New All-time High


Read more
November 12, 2021

Will Positive Earnings Surprises Continue To Support Markets?


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Discover opportunity

  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
© 2022 Aeon Flux OU Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5, 11415- Cn° 16301206 -VAT N° EE102424021 - EMTAK code 46901 - Duns N° 686889151
.
All Rights Reserved.
Powered by IWG Web Agency
Privacy PolicyCookie Policy