Paxos to Seek National Trust Charter with OCC Approval
August 12, 20254 min
Paxos, the leading regulated blockchain infrastructure and tokenization platform, today announced that it has filed an application to convert its New York Department of Financial Services (NYDFS) trust charter into a national trust charter under the supervision of the Office of the Comptroller of the Currency (OCC). This strategic move will place Paxos under federal oversight and underscores its consistent commitment to maintain the highest regulatory standards of any blockchain infrastructure and tokenization platform globally. Since 2015, the company...