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Stablecoin Issuer Paxos Applies to SEC for Trust Bank License in the US

Summary: According to reports, stablecoin issuer Paxos has stated that it is applying to the US Securities and Exchange Commission for a trust bank license and plans to open an office in the US to expand its regulated financial services.

According to reports, stablecoin issuer Paxos has stated that it is applying to the US Securities and Exchange Commission for a trust bank license and plans to open an office in the US to expand its regulated financial services.

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