Category: Cryptocurrency

Paxos Stablecoin Issuance with Solana Blockchain

Paxos, a regulated blockchain and tokenization infrastructure platform, has introduced a strategic transfer to broaden its stablecoin issuance to the Solana blockchain platform. Beforehand unique to Ethereum, this enlargement marks a milestone for Paxos’s enterprise and consumer-focused operations. The introduction of USDP on Solana, scheduled for January 17, 2024, aligns with Paxos’s dedication to delivering […]

Cash Laundering Expenses towards Nexo in Bulgaria Dropped

The authorities in Bulgaria have closed the investigation towards crypto lending platform Nexo, citing an absence of proof to help the allegations. As confirmed yesterday (Friday) by the Bulgarian Information Company, the Prosecutor’s Workplace highlighted that cryptocurrencies should not regulated, and merchandise provided by Nexo don’t represent monetary devices. The investigation towards Nexo in Bulgaria […]

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