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Paxos Settles with NYDFS for $48M Over Binance and AML Violations
Aug, 08, 2025
< 1 min read
by Wayne Jones
for CryptoPotato
Paxos has agreed to pay $48.5 million to the New York Department of Financial Services (NYDFS).
This is to resolve allegations related to inadequate due diligence on its former partner, Binance, and failures in its anti-money laundering program.
Read More
Binance Chief Backs US Crypto Regulation Overhaul, Eyes Global Standard
The U.S. is poised to redefine global crypto regulation with a groundbreaking framewo...
Aug, 13, 2025
by Bitcoin News
Paxos Settles with NYDFS for $48M Over Binance and AML Violations
Aug, 08, 2025
< 1 min read
by Wayne Jones
for CryptoPotato
Paxos has agreed to pay $48.5 million to the New York Department of Financial Services (NYDFS).
This is to resolve allegations related to inadequate due diligence on its former partner, Binance, and failures in its anti-money laundering program.
Read More
Binance Chief Backs US Crypto Regulation Overhaul, Eyes Global Standard
The U.S. is poised to redefine global crypto regulation with a groundbreaking framewo...
Aug, 13, 2025
by Bitcoin News